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Is it time to buy this stock back or is it going lower? Any ideas. Have they gotten their act together? Do we still have to travel to obscure places on the net to get any information? How about some new insider activity now that the stock is so "cheap."
Nobody knows what will happen. If you follow some other companies you might notice that VERY often poor earnings bring the price up and great earnings take the price down. I mean very often... So it is not just the earnings. It is the outlook for the company overall. Just a little something to be happy about for us: casino stocks are getting hot. Some contracts for ULTK might get re-activated and then only the sky is the limit : )
Ultrak posted a loss of $0.18/share for the 4th quarter and a profit of $0.16 for the year after taking a $3.1 million non-recurring charge along with other charges totaling approximately $2.0 million. Without the 4th quarter charges, earnings would have come in at $0.07 for the quarter and $0.38 for the year.