Looks like Codans newest offering is a flop, page-32

Thanks for the laugh Prang...owned.

No matter how I do it, I can't find a reason this stock isn't a winner anything under $2.

Look at the numbers:
Everything is about the GPZ 7000 sales. They won't come out until Aug and even then they won't say the exact numbers...just detector sales.

So how many have they sold from Feb to June? More than 1...less than 10,000? Let's do it this way. For every 1000 they sell it' over 10M in new revenue. I'd also assume a solid 30-40% margins. I hear more but, you can't not love 40%.

We'll take the low end and be really conservative. 3M of profit on every 1000 sold. That's 1.7 cents of EPS. I'm totally guessing here but worldwide....I think 3000 sales seems possible. I believe that they be running off a 8-10 cents EPS run-rate in Aug. A PE of 20 (which the company is currently at) makes this a $2 stock.

If you believe the PE can get to 25 or they sell 5000 GPX's . You do the math.
So why is it so low? Is there some we don't know or I'm missing?