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Re: hweb2 post# 16941

Saturday, 03/05/2016 9:30:04 AM

Saturday, March 05, 2016 9:30:04 AM

Post# of 114327
CSPI...Something is really cooking here...CSPI appointed Azeri to the board in January 2016 (and as you know hweb, that really caught my eye because of his background...http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120047729 )

...And now he is buying shares on the open market...
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001663272-16-000004%2Etxt&FilePath=%5C2016%5C03%5C02%5C&CoName=CSP+INC+%2FMA%2F&FormType=4&RcvdDate=3%2F2%2F2016&pdf=

2600 shares may not sound like much, but it equals almost 1% of the tiny float. It also shows his confidence in the company. It'll be interesting to see if he continues to add to his position.

Also, out of the 13 institutions that hold 22% of CSPI (as of last reported date 12/31/15), 5 of them were NEW last Q...
http://www.nasdaq.com/symbol/cspi/institutional-holdings

It's going to get harder and harder to accumulate a decent position in the mid $5's as we head into August when they report Q3 FY16 and beyond.
We are going to see nice growth heading into 2017 IMO.

Hold, Wait, and Accumulate while making 8% on your money!

Current share price = $5.54.


The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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