The dollar target could be a bit ambitious, given Q1 earnings report. I know Doren Quinton from QIS Capital stated, when he was on smallcaps on bnn, that he figured the co. was trading at about 5X this year's expected earnings. That was before Q1 was released. The second half of the year was expected to be the busiest, they have an order backlog of over $90 million, and with the recent Tornado technologies contract...there could be quite decent price appreciation for those that hold to the end of the fiscal year. We'll see.
Have a good day! I'll post the Tornado contract later. Take care.
