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Wed, 18 May 2016 18:19:37 GMT

APPY ($4.43) - On Monday, we stated we were watching $MGT as a possible pump and dump when the stock was trading at around $2.10. Shares have continued to run despite a bearish mention by The Street Sweeper. MGT traded at $5.30 per share in the pre-market.

We are now watching APPY, a diagnostic animal health company which also has seen a nice run in shares the past month after effecting a 1 for 8 reverse split. MGT has filed a 13D disclosing a 5.01% stake in APPY. Shares of APPY were up nearly 37% in the pre-market. We came across analyst estimates for APPY:

2016 sales of $1.1 million and a loss per share of $1.92
2017 sales of $21.7 million. We also see an old EPS estimate for 2017 of $1.84.

We will look to verify these estimates.

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