MihaSkof

Waiting for a breakout

Long
NASDAQ:SLP   Simulations Plus, Inc.
SLP has a 98 rating on IBD and is in group 42.

Reasons why I like it:
- Relatively small float/mkt cap - giving it more possibility to move higher with buying
- 33% mgmt owned - run by people invested in the company, not just "care takers"
- Avg 3yr quarterly EPS 111%
- 3yr EPS growth 232%
- 3yr sales growth 43%
- Change in funds owning stock 8%
- Quarters of increasing fund ownership 8 - seems to be popular with funds

Definitely ready to buy at breakout, after long sideway move, despite weak market.

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