I have been reading up Sarine Technologies Ltd for quite some time and has always been impressed by its fundamentals (read here). It is one of the stocks which is mentally at the back of my mind…. didn’t memorize the company’s details, but it did make an impression. I like the fact that after the financial crisis, they have altered their sales model to have an element of recurring revenue (from its installed base of Galaxy family systems), and this recurring revenue has been growing. So it came as a good surprise to me to know that the stock price of Sarine has dropped by approx. 24% (read here) – in a single day. Nowadays I seldom find stocks like these with low debt, high growth rates, high profit margins, dropping sharply – more often it is the Noble / Olam (which has mediocre fundamentals & vague accounting) which are being ......