To receive buy alerts for this stock and our future small cap stock picks sign up for BLACK SERVICE TODAY!!
???? made an awesome move friday breaking out from its 8 month long descending channel on increased volume. This breakout was sparked by some very positive growth in earnings with should keep momentum in favor of the bulls for a short term move i expect of over 20% for us to capitalize on .
Here are the highlights of earnings:
First Quarter 2008 Highlights
– Revenue increased 62%, to $11.7 million versus Q1 2007.
– Net income was $4.2 million, up 76.5% versus Q1 2007.
– Our existing products continue to generate strong sales during the
first quarter of 2008. Sales of Pusen OK have increased by $1 million,
Buflomedil Hydrochloride increased 198%, Gastrodin increased 70%, and
Cefaclor has increased 64% versus Q1 2007.
– EPS was $0.11, up 57.1% versus Q1 2007.
Technical ANalysis Stock Chart:
