NERD -- Oversold and deeply undervalued IT playNERD is deeply oversold on what looks like tax loss liquidation by a single seller. Fundamentally undervalued:
- $7.15M mkt cap
- $10.1M in yearly revenue ($2.6M gross profit)
- Strategic partnership with Staples Canada
- Expanding into United States
- CEO hinted at acquisition news in the recent interview
NERD trade ideas
NERD.V -- Deeply undervalued; breakout with major news pendingNerds on Site is an IT support/cybersecurity company that is trading below 1.5x yearly revenues. Latest corporate update suggests a major announcement is pending. Still relatively under the radar, though the market has clearly taken notice. Insiders have been buying heavily in open market.
"The Company has recently reached agreement with a major Canadian technology partner toward a joint offering within the SME space to provide tech consulting, cybersecurity and managed services, the details of which are currently subject to a non-disclosure agreement (NDA).
In accordance with the provisions of the NDA, a joint announcement will be made on the partnership in the coming weeks."