Savvy Trades and Investments

[benlurkn]

Very nice EDUC news this morning. Not sure why it took so long to announce the needed dividend elimination. And not surprising the bank agreed to modify terms of loan as what lender wouldn't want to be involved with a high-growth story like EDUC. And what's not to like about profitable revenue growth Y/Y from 18M to 30M for current Q?

I am very glad I added heavily in the low 7's and am actually in the black again today for this investment. The company is quietly guessing around 200M in revenue for next year and as they get a handle on margins I wouldn't be surprised to see to see a $20+ handle on SP sometime this year.

I have to thank the CEO for his perhaps overly-candid first-time conference call for scaring investors into selling those cheap shares. IMHO