Respirate

Bolt Technology Corp.: Small Cap Wonder

Good catch, Dan. I wouldn't worry about the price being up, as IMO it's still a buy. Bolt not only has almost no debt, but they're a growing, efficient producer with stronger margins than their peers, impressively maintained during the current weak oil market.

Yesterday's move was a bounce from last week's tumble on flat qtr earnings. I doubt the shares will return to the $6-8 range of a few weeks ago unless marine E&P collapses. If it does return to $8.50-ish I'm in for more shares.

--R
discl: Long BOLT