SmallCAPS.us Features “Stock Of The Year” for 2008
SmallCAPS.us announced that they believe the most promising stock for 2008 is AML Communications (AMLJ.OB). The newsletter blames the recent fall from $1.20 on the tax selling season and asserts that the stock is trading at ridiculous prices with the potential to move 50-100% over this new year. In the second quarter of 2007, the company posted higher revenues and returned to profitability. The net sales increased from $2.15 million to $3.20 million within one year. The increase in revenues resulted because of the increased bookings for the Company’s core defense business and a $440,000 contribution from its Mica-Tech subsidiary.…