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NORSAT INTERNATIONAL INC T.NII

"Norsat International Inc is provider of communication solutions. Its products include fly-away satellite terminals, microwave components, antennas and RF conditioning products, maritime based satellite terminals & remote networks connectivity solutions."


TSX:NII - Post by User

Bullboard Posts
Post by sirsavvyon Oct 31, 2010 10:55am
649 Views
Post# 17636556

Results

Results
I'm pretty happy overall with their 3rd Q results.
The compnany was still profitable and they have grown their cash.
I really do think it's just a matter of time before this starts to get the respect it deserves.
The downside right now is minimal as this stock has enormous support at .63.

What we can draw from their results is that the fourth quater is going to be really strong.

Also, I can't believe this stock used to be over 40 bucks. Look at the long term chart and it's like a big finger.
We're not going anywhere near historical highs with this as that was way overvalued. Just as now we are way undervalued. It would be nice if this stopped being a penny stock sometime in the next 6 months. I think that is a realistic achievement, especially after a strong 4th Quarter.
Bullboard Posts