Sell: Mesa Labs (MLAB)
From The Periscope Report
Updated from Wall Street’s Best Investments 778, February 17, 2016
Mesa Labs (MLAB) is/was a Top Recommendation from our firm. The company makes quality control instruments and disposable products, mainly for medical purposes. We are downgrading MLAB to a SELL because we saw several warning signs in the latest quarter including a significant drop in profit margins. Plus, the stock price soared past our fair value in the last month. WSBI Editor’s Note: The gain on MLAB since our recommendation is 66.1%.
Tom Byrne, The Periscope Report, t2byrne@gmail.com, 4025 Sunset Ridge Drive, Canyon Ferry Crossing, Helena, MT 59602-9799, 406-465-4663, June 2017