Replies to post #40982 on Savvy Trades and Investments

[abh3vt]

SQBG CEO purchased 62,500 shares yesterday at 1.47.

http://www.secinfo.com/d12TC3.k1P57.htm

The analysts following the stock have all downgraded it, so that must mean its time to buy...LOL. I'll take it as a good sign, but will be mindful of the debt refinance risk (i.e. the need to issue stock for cash)

My adjusted fd eps for the company this year is 0.37, taxed at 35%. The lowest analyst estimate for non-GAAP eps is 0.44 in FY17.

https://finance.yahoo.com/quote/SQBG/analysts?p=SQBG


The stock trades at 1.60, so a lot of risk is priced in at the moment. Could be a decent play for a January recovery once the tax loss sellers are done.