Savvy Trades and Investments

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Fair enough on SCKT. Saw EVOL reports next Tuesday after the close. Any guesses there? Some of the order announcements during Q2 were a bit fluffy. Plus they hired a VP of Sales (which apparently they never had) at the end of the quarter. So I'm guessing Q2 revenues won't be that great. Kinda knew that already as switching to the SaaS model was going to dampen revenues this year.

Hopefully they can still manage $5.5-$6M in revenues. Good news is they took all those costs out, so bottom line should look solid. Maybe earnings of .08-.10/share. I feel like Q2 will be the low point for revenues. Even if Q2 numbers are light, the outlook should be very bullish as the company continues its transformation.

Selling sure has been relentless for the past year, with the stock down from $9 to $5. Even at an 8%+ dividend yield, plenty of sellers. Hopefully next week we can finally get this thing moving north again!