Over the past year, Pro-Dex (NASDAQ:PDEX) has gone through a lot of movement just to end up back to where it was during the summer of 2013. Two prior Seeking Alpha articles (Follow The Pros Into Pro-Dex; Pro-Dex Potential Insider Buys Suggest Dramatic Stock Rise) caused dramatic price jumps that brought in investors expecting operational change sooner than was forecast. But those improvements are still on track and now that the stock is down 44% from its recent highs, PDEX offers downside protection through a liquid tangible book value above the current market price with significant upside potential as development contracts turn to manufacturing revenue in the coming months.
An Overview of the Business:
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