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CML HealthCare Inc CMHIF



GREY:CMHIF - Post by User

Comment by teshon Aug 30, 2012 11:07pm
231 Views
Post# 20282732

RE: CML HealthCare Inc. to Host Conference Call to

RE: CML HealthCare Inc. to Host Conference Call to

The shares are trading at near a 52 week low for no (at least what I can gather) apparent reason. Have just increased my interest at $8.45. Relative strength indicator is now at 25 (significantly oversold). Will likely increase further in the next few days. Last quarterly results weren't spectacular but did indicate that they comfortably covered the distribution and had capital for acquisitions. The business, properly executed, should be at least partially recession-proof.

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