Q: Hi Team,
I learned about Hammond Power Systems on 5i and bought at $103 in mid-February. I was up over 50% until the announcement of stock based compensation in the latest earnings report. Now I am back where I stared with the price around $105. Do yo think HPS.A is as good investment now as it was in February?
I learned about Hammond Power Systems on 5i and bought at $103 in mid-February. I was up over 50% until the announcement of stock based compensation in the latest earnings report. Now I am back where I stared with the price around $105. Do yo think HPS.A is as good investment now as it was in February?
5i Research Answer:
Yes; the SBC disclosure was not handled well by the company, but it will learn how to better handle investors as it grows. Growth potential remains high and we do think it is very well managed overall.