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Swick984

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Swick984

Re: researcher59 post# 26608

Monday, 10/24/2016 1:17:34 PM

Monday, October 24, 2016 1:17:34 PM

Post# of 113841
SPAR - I went short some shares of SPAR as well today near the open. They manufacture and sell heavy-duty vehicles. The stock price has run up from $2.60 in January to over $9 currently. They are marginally profitable and trade at an extreme P/E multiple and 50x EBITDA. I would expect they are facing headwinds similar to STS and other commercial vehicle manufacturers/suppliers. Earnings will be out on November 3.
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