NYER

[AussieTrader]

Made some good money on NYER a while back when it traded huge vol in 1 day. Active in pre +17% $3.14, and yesterday closed with railroad reversal candle (very bullish).

[rayongthai]

NYER $2.28 is an undervalued low floater about to move up. I saw a lot of buys at the ask today. This is one of the safest investments at this price. NYER usually swings from these levels to the mid $3's. It is hard to say when it will happen....but hwen it does you will sure notice it because it moves up really fast

[David Randolph]

NYER $2.28 is an undervalued low floater about to move up. I saw a lot of buys at the ask today. This is one of the safest investments at this price. NYER usually swings from these levels to the mid $3's. It is hard to say when it will happen....but hwen it does you will sure notice it because it moves up really fast

Yes, just $9.1 M market cap with very low average volume. But trading at a fraction of revenues, and profitable in fiscal 2006, with EPS of $0.20. I see the kind that you like

I would never mention the "free float", that doesn't matter much for long term valuation. Everybody talks "free float" instead of what obviously matters more, the "market cap".

The stock looks dead now, I could never buy it without putting the price up on myself (and I'm not sure there would be demand if/when I wanted to sell it), but good luck

[rayongthai]

David,

Thank you for your feedback. I am a patient investor and i believe this is the bottom for NYER. NYER usually goes up in January due to the "January Effect." I am willing to wait a few weeks to sell NYER in the $3.5 area. I've done this at least once a year for significant profits.

[rayongthai]

Very cheap stock and very safe investment with significant upside IMO.


* ONLY 2M SHARES ON THE FLOAT

* 22c/share 2006 NET INCOME

* MARKET CAP LESS THAN $10M

* PROFITABLE GROWING REVENUES OF OVER $70M/YEAR

* POTENTIAL ACQUISITION CANDIDATE DUE TO SECTOR CONSOLIDATION

* TRADING AT 0.12 P/S COMPARED TO 0.7 FOR THE SECTOR

[setravis]

Rayongthai, That new thread you just created after posting to this one has been merged here.

"NYER" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders.           
All history on a stock pick in 1 thread is awesome.           

Thank You....and good luck with all your trades....make some $$$     
 

[rayongthai]

Thank you for doing that. I could not find the thread where I made some comments so I started a new one. Too many threads for the same stock make it confusing, i understand that.

[rayongthai]

My target: $3.5 in January

I expect that NYER will announce shortly that is has acquired the remaining 20% equity of the 15 pharmacies it operates in the North East. NYER has disclosed recently that it is working to accomplish that goal. This will increase NYER's revenues to almost $100M/year and increase the bottom line by eliminating penalty payments. NYER's market cap is only $9M.

In 2006 NYER earned 22c/share net income.

The upcoming "January Effect" always causes NYER to rally at the start of every year. NYER swings from $2.2 to $3.5 several times a year. The acquisition announcement could lift NYER to new heights.

NYER is a holding company that through its subsidiaries operates pharmacies in the greater Boston area. Revenues are increasing due to the recent implementation of the federal Medicare Part D drug benefit and the aging of the American population resulting in increased drug utilization. Integration of new acquisitions will increase net income potential.


* ONLY 2M SHARES ON THE FLOAT

* 22c/share 2006 NET INCOME

* MARKET CAP LESS THAN $10M

* PROFITABLE GROWING REVENUES OF OVER $70M/YEAR

* POTENTIAL ACQUISITION CANDIDATE DUE TO SECTOR CONSOLIDATION

* TRADING AT 0.12 P/S COMPARED TO 0.7 FOR THE SECTOR


ABOUT NYER:

Nyer Medical Group, Inc. is a holding company that through its subsidiaries operates pharmacies in the greater Boston area and a medical products distribution business that distributes and markets medical equipment and supply products to hospitals, physicians and nursing homes using relationship-based telemarketing, direct sales personnel, catalogs and the Internet. These orders are filled by the Company's distribution centers located in New England and South Florida.

Do your DD

[rayongthai]

Looking good...

[rayongthai]

 

[rayongthai]

Solid trading day for NYER.....I like this slow rise causing the technicals to keep improving. The fundamentals are every strong.

[akam]

had a look on NYER 2-3 weeks ago.

stabile revenues for last 3 years, too low net income relative to rev., cash flow neg.
yes, you can gamble on either takeover with some premium or just wait for a 30% short price-peak.

too little fresh power for me in this stock.more like co-s with ability to surprise.

anyway, gl.

[akanimal69]

It looks like if they buy the rest of the pharmacies they could increase the top and  bottom lines significantly because they are paying a lot in rent for the 20% they do not currently own.

I am buying a few K tomorrow because chart shows that stock has a great ability to make quick 30% gains.

[rayongthai]

How about that?....two new posters on this thread? I was s starting to feel lonely.

hehe....unlike ONSM, NYER is profitable and growing...not full of hot air. There is no way in hell that i would pay $3.3 for garbage like ONSM just because the sector is hot

[rayongthai]

I get the feeling that NYER will start moving up now. The tax selling season is almost over with the January Effect in clear view now.