Horizon Kinetics Holding Corp (SLGDD)

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Another day of volume. Hopefully whoever has been selling is almost out of shares. Crazy to me that SLGD almost traded up to this price last month BEFORE that terrific Q1 report. When everyone was expecting quarterly earnings to drop back to .01-.02/share when the new Church & Dwight agreement took effect on 1/1/15. Well SLGD surprised us all by posting huge Q1 earnings of .06/share vs. .04/share last year on a 27% jump in revenues! Plus they've got an excellent balance sheet with .51/share in cash. Ex cash, we're talking an annualized P/E just over 2. Would love to know what the seller is buying that's cheaper than SLGD!