Assure Holdings

Assure Holdings - IOM . TSXV

This is what I thought in October 2017 when I first bought the stock...

Assure Holdings is a company based out of Colorado that managed to find its way onto the Canadian exchanges. The company offers neuro-monitoring services to surgeons. If the surgeon starts to cut into a nerve during an operation, the technologists running Assure's machines can alert the doctor before irreparable harm is done. The company is solidly profitable and has plan to expand its operations into other states and other surgical verticals. I do have concerns about their accounting and their rapidly rising receivables but feel that the valuation is low enough to make an investment worth the risk. At my purchase price of $3.25, the stock trades at 11 times my estimated earnings. For a company in the health case sector with the potential for rapid expansion in front of it, that looks like a potential bargain to me.

What's changed since I made my first purchase of this stock? Follow the ongoing story in the posts below...

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