HSOA – Home Solutions of America (Nasdaq) (Closing Price – $5.81)
Last month an analyst downgraded HSOA from strong buy to buy. I found the timing of this downgrade to be very curious. In my opinion the stock was on the verge of breaking out and triggering a huge short squeeze. However, the downgrade brought some selling pressure and general wariness of stocks this past week hasn’t helped.
I still think HSOA is a good buy and I think now would be a good time to accumulate more shares. From a fundamental perspective HSOA is way undervalued and I think it is just a matter of time before HSOA’s share price breaks out of its trading range. (more…)



