Micron Solutions Inc (CE) (MICRD) News

MICR one for 1,000 reverse split followed by a 1,000 to one forward split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

anybody understand the 1.50 a share?

I sold out yesterday for a small loss. I now no longer have any OTC stocks in my portfolio. Best of luck to everyone.

Investolator

Chart For MICR on 11 March 2022.

After it recovered from the March 2020 market break it has been in a not so steady decline.



Hope everyone has a great weekend.

MICR month chart ending 5 March 2021.

Monthly chart ending 19 February 2021

Monthly chart of MICR ending 18 December 2020. Appears to have broken through the almost 5 year decline this month. It hit a new 52 week high of 3.80 and closed at 3.35 on Friday. My 2021 be a good year for MICR.

MICR has recovered from its drop earlier this year.

Monthly chart of MICR ending 26 September 2020. It now appears to be trying to recover from the market break earlier this year. Maybe it will continue to move in the right direction. Only time will tell. Hope everyone has a great and safe weekend.

Monthly chart of MICR for week ending 10 July 2020.

Monthly chart for MICR for period ending 26 June 2020.

Ten year daily chart for MICR for week ending 15 May 2020. Moving to OTC and the market break came at about the same time as seen in the chart. The last I checked there was only 2.9 million shares outstanding. It will be interesting to see how this plays out in the future. Hope all have a great weekend.

Micron Solutions, Inc. Reports 2020 First Quarter Results
May 15 2020 - 09:59AM
GlobeNewswire Inc.

Micron Solutions, Inc. (OTCQB: MICR) (the “Company”), a diversified contract manufacturing organization, through its wholly-owned subsidiary, Micron Products, Inc., producing highly-engineered, innovative components requiring precision machining and injection molding, announced results for its first quarter ended March 31, 2020.

In the first quarter 2020, the Company reported $5,233,000 in revenue, as compared to $4,686,000 in the first quarter of 2019, an 11.7% increase. The net loss for the first quarter of 2020 was $285,000 compared to a net loss of $519,000 in the first quarter of 2019. Adjusted EBITDA for the period was $287,000, compared to $203,000 in the first quarter of 2019, a 41.4% increase.
Outlook:

CEO Bill Laursen commented, “I’m proud of the progress we’ve made over the last year, which shows in our first quarter revenue growth and earnings improvement. Since the onset of COVID-19, we have been operating in an unpredictable period of economic disruption. As an essential services provider we have maintained full production to the medical and military markets while adapting to unfavorable impacts in other markets. Despite these challenges we believe our relationships with our customers have never been stronger.”

About Micron Solutions, Inc.
Micron Solutions, Inc., through its wholly-owned subsidiary, Micron Products, Inc., is a diversified contract manufacturing organization that produces highly-engineered, innovative medical device components requiring precision machining and injection molding. The Company also contract manufactures components, devices and equipment for military, law enforcement, industrial and automotive applications. In addition, the Company is a market leader in the production and sale of silver/silver chloride coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. The Company’s strategy for growth is to build a best-in-class contract manufacturer with a specialized focus on plastic injection molding and highly-engineered medical devices and components requiring precision machining.

The Company routinely posts news and other important information on its websites:

http://www.micronsolutionsinc.com and http://www.micronproducts.com

MICR delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

This is a classic pump and dump going on. The management team is pumping the stock before they delist so they can sell their own shares as well as company shares prior to delisting.

STAY AWAY - FRAUD IN THE MAKING

Daily chart for MICR as of 3 January 2020. Hopefully it has bottomed and will start to move upward during 2020. Hope all have a great new year.

Daily chart for MICR ending 14 June 2019. Bigcharts have changed it again, this time is goes all the way back to 1991. Go figure. Hope all have a great weekend.

Daily chart for MICR ending 17 May 2019. I have had health issues and have not kept a close look at the chart. Today I noticed it had changed and I am not sure when it happened. I am still holding this stock and waiting to see what happens next. Best of luck to all.

Daily chart ending 21 September 2018.

Daily chart for the week ending 14 September 2018.

The daily chart for week ending 22 June 2018.

The daily chart for MICR ending 16 March 2018 is seen below. The past 6 months or so have been trading in a narrow range. The slow downward movement for the last 3 years seem to have come to a bottom. Only time will tell if this is the bottom or not. I look for another 3 to 6 months in this range at least. Remember this is IMO only.

I have been following this stock for just a few weeks. Following the Ted Warren method, I like the looks of this chart.