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EvanBuck (99.74)

Perceptron's Still Looking Good to Me.

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December 27, 2013 – Comments (3) | RELATED TICKERS: PRCP

A few weeks back, one of my holdings, Perceptron (NASDAQ:PRCP), took a major thrashing after releasing an unexpectedly bad earnings report.  Is this meltdown deserved, or should long-term investors buy in at a lower price point?

Let's examine the reason why the stock fell.  Perceptron lost quite a bit of money in the last quarter instead of varying consensus estimates that predicted Perceptron would make a profit.  However, if you dig into the details, Perceptron's quarterly loss was due to a one-time only event that won't eat into profitability into the future.  As such, at the time of this writing the stock has recovered some of its former high (the $14) mark and is on quite an upswing.  IMHO, there is no need to worry, Perceptron shareholders.

3 Comments – Post Your Own

#1) On December 30, 2013 at 7:12 PM, TomKarns (< 20) wrote:

Seeking Alpha likes it too;

http://seekingalpha.com/article/1918391-perceptron-a-takeover-candidate-poised-to-benefit-from-robotic-and-3d-printing-revolution?source=yahoo

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#2) On January 11, 2014 at 2:32 AM, TomKarns (< 20) wrote:

I got dumb lucky yesterday, and bought 1250 shares @ 13.86. Then I saw that PRCP had landed a big contract with a German Auto company. So it's either that or more insider trading around a takeover from the likes of DDD.

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#3) On January 12, 2014 at 5:54 PM, EvanBuck (99.74) wrote:

Nice move @TomKarns. =)

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