Savvy Trades and Investments

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Wow great news on CSPI! CalPERS buying a 5.88% stake in tiny CSPI?? Guess they like the 8% dividend yield.

Not sure what to expect from earnings next week. Probably a tiny profit at best. But think they'll show another healthy top line increase given the upbeat commentary on the last CC and the jump in backlog (from the 10K). They should have a series of favorable comps coming up. And with royalties from 5 planes on the way later this year, a couple of big EPS quarters. With over $3/share in cash on the balance sheet and that huge dividend, I'm continuing to accumulate in the $5's.