Savvy Trades and Investments

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Gladly adding DAIO below $4. One of the best earnings reports I saw. Looks like a breakout quarter for these guys. Q3 earnings up 42% to .08/share. Q3 revenues at a 5-year high. Great balance sheet with $1.20/share in cash.

Exciting thing is they had $7.9M in bookings, which is an 8-year high. So the numbers are going to get even better. DAIO just started a 5-year agreement with Bosch that they said would mostly boost sales in 2017 and 2018.

Q3 was a tough comp. Good news is the next 2 comps will be MUCH easier. Could see some eye-popping increases on the top & bottom lines. I think DAIO will start posting .10+ quarters in 2017. Should zoom to the $5's or $6's when that happens. I'll continue to accumulate.


Q3 earnings report:

https://finance.yahoo.com/news/data-o-reports-third-quarter-200500355.html

DAIO also presenting at LD Micro in a couple weeks. Investor presentation from their website:

http://www.dataio.com/Portals/0/DAIO%20-%20IR%20Presentation%20-%20November%202016%20-%20final.pdf?ver=2016-11-09-075430-113