Alliance Fiber Optic Products Inc. (AFOP)
May 06, 2011
– Comments (2) |
RELATED TICKERS: AFOP
, SNHY
, CALM
Alliance Fiber Optic Products Inc. (AFOP)
I may be a little late to the party on this one but it looks promising. It is a micro cap, with room to run, no debt, and 34% inside ownership. It has more going for it than I just listed, but why spoil your fun? I'm sure you are aching to do a little DD of your own. At this point it strikes me as being like SNHY but with information instead of hydrolics. As I dig deeper my opinion may change but as of this time I like what I see.
With the company being so small and the insider and institutional investors owning less than 50% of the company combined I can see this being a buyout target down the road. This may or may not be a good thing, depending on your point of view.
Disclosure: I have no plans to purchase ANYTHING until September or October of this year. Until then I'm trying to contribute to the community when I can.
All the best,
Cato