Wednesday, February 6, 2013

Spire (SPIR) Jumps Almost 50% in One Day

On 1 January 02013 I had a posting titled "Spire (SPIR) Needs To Spire Upward in 02013". SPIR ended 02012 at $0.50. Yesterday, 02013.02.05, SPIR closed at $0.75, up almost 50% for the day. Although I'm a appreciative of the up day, I'm not popping open a beer to celebrate. Yesterday's gain was made on average volume, so it's possible SPIR could drop back to $0.50 today.

The following was written last year (02012) on July 2nd.

SPIR closed on 02012.06.29 at $0.60 (well below a buck) giving Spire Corp. a market value of ~$5.09 million (well below $15 million).

SPIR has a grocery store-like PSR (Price Sales Ratio) of 0.1.

There are ~8.56 million shares outstanding with ~26.31% closely held giving SPIR a thin float of ~6.23 million.

SPIR closed on 02013.02.05 at $0.75. 52-week range: $0.33 - $1.70.

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