RE:RE:Can someone shed some light?My guess is that ENGH is feeling the pain due to the rotation out of growth/tech stocks. Their Q1 results were decent.
Having said that, hitting a 52 week low recently and having $230 million cash on hand at end of Q1, buying back their stock becomes a good option....unless they have their eyes on an acquisition.
Either way, this has now become a value play (52 week low).
So whether looking for growth or value, ENGH meets both criteria, IMO.