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OMTR Update

posted Jul 27, 2009, 12:10 AM by Mohit Kumar   [ updated Jul 27, 2009, 12:14 AM ]

Portfolio Update

11 out of 11
stocks in our portfolio are now on the profitable side! NOV recovers, AOB rockets,  OMTR regains strength and WFMI continues to soar!  That said, fortunes reverse pretty quickly in stock market. So let us stay focused!

OMTR Update

With 30% gain on OMTR, the little dynamite unveiled its earnings last week. The market dumped OMTR in after-market trading sending it down 15% primarily on a flat guidance for the next quarter. But sense prevailed and the stock recovered next morning! OMTR delivered solid results in spite of what is a very challenging economy specially for a web analytic solution provider. It reported record revenue which represented a 22% year-over-year revenue growth! The CEO hinted stabilization in business and ensured commitment to the investments that will drive the long-term growth of business. This is exactly what we hope from OMTR!! Folks, in spite of 30% gain, consider OMTR as a good buy and get in on dips!

Stay tuned for the next recommendation!