I've been buying CAPC in the low .40's the last couple of days. Here is what I like.
1) I expect CAPC to earn .06-.07 on an annual basis and continue to grow in 2018. Hence I feel the stock is worth .60-.70.
2) CAPC is reporting their seasonally strong q3 I expect earning to be close to .03 in q3, as one knows I like to buy stocks reporting into their seasonally strong quarters.
Conclusion: Now the negatives are the comps and possibly growth slowing down which it had to do. But I still strongly believe they will grow solidly in 2018 and beyond. And a 10 PE is at least a 50% move from current prices. Not much very attractive in these markets, and CAPC is one of them hence I have been buying the last two days. It is a small position, but I do really like it. All is just my opinion, and I could always be wrong though.
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