GeoInvesting is now significantly increasing its price target for GeoBargain on the radar BioQual (BIOQ), which has reported blowout Q2 2015 results. The results are only reported on the company’s website, and there are no filings or news releases that we have seen.
GeoTeam Accumulating Shares
In our 2/6/2015 e-mail, we stated that we were beginning to accumulate shares of GeoBargain On the Radar BIOQ. Please reference our full research note here. Yesterday, after the close, BIOQ reported blowout Q2 2015 results:
Q2 2015 revenues of $7.7 million vs $4.5 million in the prior year
Q2 2015 EPS of $0.62 vs $0.23 in the prior year
To see what the GeoTeam thinks BIOQ is worth, sign up today and take advantage of GeoInvesting’s arbitrage!