Q: Ecn is reporting soon. What are expectations? I am holding with a small loss which I fear is going to turn into a big loss when financials are released and results of review are revealed. The stock is acting very much like CTS leading up to the completion of their strategic review. Thoughts ?
5i Research Answer:
Sentiment is very low, but can always get worse. Estimates are for 4c per share and $63M revenue. We are not really expecting much in the review but could of course be wrong. Insiders are still committed, and the management team has been through rough times (and prospered) before. We do not like the momentum of course but the stock is cheap. We would still consider it worth holding, but it is a higher risk position and needs to match an investors' objectives.