Savvy Trades and Investments

[hweb2]

Thanks for the BSQR article. That explains the strength today. Glad the author talked about the main negative. Which is that on the CC, they cautioned that high margin proprietary software revenue was unusually high in the quarter. How much will it drop back? Who knows. Guessing around $1M per quarter more sustainable. Hopefully a little higher. Author of the article shouldn't use Q4 operating margins either, as that quarter benefited from the completion of a project in Japan which goosed margins.

I'd be happy with Q2 earnings of .10-.12/share vs. .06/share last year. Still think stock is undervalued on a fundamental basis with their large cash position. Company is hiring like crazy and appears to have a growing relationship with Google. Company is off the radar as there's no analysts covering it yet. BSQR keeps hitting new 52-week highs, so the momo crowd should continue to drive it higher. As long as the broader market holds up.