RE:RE:What's Up with PHO?Has little to do with a buyout coming IMO. It's simple.
PHO is a solid company with solid management ... it took a huge hit after coming out with record revenues, record earnings and record order backlog ... all because they acknowlegded that second half numbers would not be quite as robust as first half numbers.
They have over 40 million in cash and the future looks bright. A buyout may eventually come but I'd rather see it over $3 before that happens. In the meantime I'm more than happy that I bought more shares (Monday & Tuesday) in the low one-fifty's.
Looking forward to 3rd Q financials.