Savvy Trades and Investments

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Wasn't expecting much from CSPI so at first was excited to see the numbers. Til I realized they got some plane royalties in the quarter. Earnings should have been more like .10-.15/share with that. The UK division must still be a drag. Hopefully they can get that fixed soon. Commentary in the PR sure sounds bullish. We'll see what they say on the CC later.

Still love the CSPI balance sheet with around $3/share in cash. And the huge 8% dividend yield. But stock may not do much til the Q3 report this summer...when they'll recognize more plane royalties, plus the 'meaningful' revenue from their new network adapter products.

I'll continue to accumulate in the $5's. Hard to beat that dividend. And I think a good chance this low floater shoots back up to $7-$8 later this year.