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DYII - Dynacq Healthcare Has a Really Good Day

16 July 2007
Author: Harvey Posted under Investing, Notable Earnings

DYII - Dynacq Healthcare skyrocketed more than 200% after the company posted its results for the fiscal third quarter ended May 31. The company had income from continuing operations of 16 cents a share, compared with a loss from continuing operations of 3 cents a year earlier.

The stock had reported a loss for the last 7 Quarters but had whittled it down to a -.01/share loss last quarter. The stock also managed to make it to the “watch list” at $1.32/share on 4/17/07. The stock which has a 3 month average trading volume of about 50,000 shares traded 4.6 million shares today, hitting a high of $8.25 and closing at $7.87, up $5.41 (+219.92%).

If anyone did buy it at the last earnings they are now sitting on a 5-bagger (+500%), and congratulations are in order.

This quarter the stock once again made the “watch list” and it also made it to the “Best of the Best” list.


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