$58 Profit
DRADLong Stock

Took 1/2 position expecting pullback to buy remainder on dip. Acquired a like-company in imaging diagnostics. Playing short term. Acquisition was stated as IMMEDIATELY ACCRETIVE, paid in CASH. Strong comments from CEO and CFO regarding double revenue growth ($64M end of year to $125M next year, EBITDA of $17M). Upside of $5.5+. very conservative price would be based on a 10 P/E which would be $7.5. Long term estimated EPS around 0.41 with a conservative P/E would be a stock target around $12
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 10/20/2015 | 5.2099 |
| Exit | 10/23/2015 | 5.7301 |
- Total Views200
- Position Size150
- Percentage9.98%
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