Savvy Trades and Investments

[otcbargains]

CAPC - I think if it were trading at a multiple of 15 instead of 7 it would only be trading at a nice discount to it's peers. At 7 it is dirt cheap.

As far as the preannounced results go I am whelmed but they are better than the 11% growth over the previous year would suggest because last year they had a large one time order in the 3rd q. I remember reading this somewhere but I can't seem to find it right now. I was searching for it just a little while ago but I remember this being the case from last year when i first started following it.

I also think they might be sandbagging with the preannouncement.

Take a look at the last PR with a preannouncement. If I remember right it was in Mid apr following the 1st q that ended at the end of Mar.

They preannounced 5.5 mil in revs then a month later when they released the results they were 6.7 mil.

Is that going to happen again? I don't know.

I think this would be cheap at .60 but there is no promotion going on here so who knows what will happen?

I have a large position and will continue to add as long as the story doesn't change.