Thinly traded micro. Provides forensic and clinical toxicology services, metal analysis and clinical testing services. +73% est. annual EPS growth. Last Q EPS +200%. Prior Q +70%. Last Q sales +16%. 7 Q's EPS >15%. Earnings out tommorrow. Any thoughts on this one?
http://stockcharts.com/h-sc/ui?s=MTOX&p=DAILY&b=5&g=0&id=p
Quote from: BigSully1 on April 16, 2007, 10:59:08 AM
Thinly traded micro. Provides forensic and clinical toxicology services, metal analysis and clinical testing services. +73% est. annual EPS growth. Last Q EPS +200%. Prior Q +70%. Last Q sales +16%. 7 Q's EPS >15%. Earnings out tommorrow. Any thoughts on this one?
http://stockcharts.com/h-sc/ui?s=MTOX&p=DAILY&b=5&g=0&id=p
Earnings are out;
* Revenues for the quarter increased $2.7 million to
$19.0 million, or 16%
* Gross profit for the quarter increased $1.6 million to
$8.7 million, or 22%
* Consolidated gross margin for the quarter increased to
46.0% from 43.7%
* Operating income for the quarter increased $870,000 to
$2.4 million, or 56%
* Net income for the quarter increased $801,000 to
$1.6 million, or 106%
http://biz.yahoo.com/pz/070417/117483.html
I went ahead and bought some at 19.05. Stock looks highly attractive to me. Still I would be more confident if David would give his green light.
An audio replay of the conference call will be available through April 24 at (888) 203-1112, passcode # 5040573. International callers may access the replay at (719) 457-0820 with the same passcode # 5040573.
MEDTOX Scientific, Inc., headquartered in St. Paul, Minn., is a provider of high quality specialized laboratory testing services and on-site/point-of-collection testing (POCT) devices. The company also supports customers with complete logistics, data and program management services. MEDTOX is a leader in providing esoteric laboratory testing services to hospitals and laboratories nationwide. This includes both central laboratory and bio-analytical testing for pharmaceutical clinical trials. MEDTOX develops and manufactures diagnostic devices for quick and economical on-site/point-of-collection analysis for drugs-of-abuse, therapeutic drugs and biological and agricultural toxins and provides employment drug screening and occupational health testing. For more information see www.medtox.com .
Closed up at 19.56
OOPS! Just so the answer 2 days ago!!
Quote from: Houlahan on April 19, 2007, 06:04:48 PM
OOPS! Just so the answer 2 days ago!!
Hey Houlihan. Luv the pic. I haven't given up on this one, just not as confident to put more into it after David's video. I think as long as it closes above the trendline, also the 20 MA, that it bounced off today, it'll be just fine.
MTOX just made a new 52 week high on volume this morning.
MTOX now up 13% on what should be it's largest volume in years, possibly even all time record volume. Might be hard to call this stock thinly traded anymore.
Still movin on up.
http://stockcharts.com/h-sc/ui?s=MTOX&p=D&b=5&g=0&id=p91116204553
Let her ride?
MTOX definitely has the MOMO going, but just sold half. Up about 40% since that ugly red candle on earnings day, just 7 days ago.
Broke out to new high today. lets see if it holds.
Lookin real good.
http://stockcharts.com/h-sc/ui?s=MTOX&p=D&b=5&g=0&id=p59191861522
update, breakout today, ready for another leg up now. Will probably sell most before ER though.
http://stockcharts.com/h-sc/ui?s=MTOX&p=D&b=5&g=0&id=p71983631906&a=106264682
new high today, 30.50.