RE:More good news on ordersI would still argue that the stock is undervalued despite going up 20% in response to this news because the stock has only doubled since the massive buyback of shares .
Instead of focusing on the math for the buyback on the shares and what it should have meant for the stock price , I think it should be pointed how much ENTREPRENEURIAL the company has become with a new product line - dry scrubbers, that has $9 million dollars of sales in the last year and the development of a consumables business. One of the things that's key in business is give the people what they WANT.
"a strong emphasis on relationship management with previous clients drove service revenues to a new high."
Besides competing with biological products , now they offer physical technologies which means a larger potential market .
"The orders are all in the $1M to $2M range and are expected to convert to revenue within the next year. They represent a significant EXPANSION of our North American odor and hazardous gas emissions abatement businesses."