Hemisphere GPS may provide a small-cap harvest The Contra team published a very bullish HEM investing article on globeinvestor gold yesterday (same title as my post). I can't copy and paste the article due to copyright issues. But a few key points they discuss:
* See potential for a five-bagger in the stock (would mean a target price of $3.50)
* Inconsistent execution tarnished the company's reputation and likely led to SK being let go
* Balance sheet is exceptionally clean
* Think that there could be some goodwill write offs (makes sense to me especially post operational/ strategic review).
* There are rumours that "a big player" might be interested in acquiring HEM
* Q3 and Q4 likely to be rough quarters but future looks promising