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Bought a position in BFAR at .19....ran up to .35 last week


added to our portfolio over at www.greenbackers.com

Had some sidline cash sitting around following sale of AEZS last week at 2.33 (at 2.23 last check) after holding a few months from 1.34....
 
position 15% of portfolio
 
Last week we discussed considering entering BFAR back at / under .20 following last weeks runup to .35.......We also discussed expecting another higher intermediate term low developing around .18 (following prior 2 at .13 and .16)
 
doing just that at .19....will ber a longer term hold with lower .20s initial target.....

Reminder on strong fundamentals discussions.
 
0.1800  -0.0400   -18.18% 0.00% 181,602


Market Cap: 9.06M
P/E (ttm): 0.35
EPS (ttm): 0.51


Return on Equity (ttm): 69.57%
Income Statement
Revenue (ttm): 156.70M
Revenue Per Share (ttm): 3.13
Qtrly Revenue Growth (yoy): 68.20%
Gross Profit (ttm): 38.43M
EBITDA (ttm): 34.87M
Net Income Avl to Common (ttm): 25.57M
Diluted EPS (ttm): 0.51
Qtrly Earnings Growth (yoy): 36.50%
Balance Sheet
Total Cash (mrq): 15.41M
Total Cash Per Share (mrq): 0.31
Total Debt (mrq): 12.39M
Total Debt/Equity (mrq): 24.48
Current Ratio (mrq): 1.79
Book Value Per Share (mrq): 1.01


Shares Outstanding5: 50.00M
Float: 20.38M


Been awhile since news..