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Re: None

Friday, 05/26/2017 10:54:51 AM

Friday, May 26, 2017 10:54:51 AM

Post# of 116656
Anyone buying SCKT? I couldn't resist picking some up in the $3.50's. Maybe it falls to $3, where I'd really load up. Not quite sure why the recent slide from the low $4's. SCKT doesn't have a low P/E with fully taxed earnings of .05/share in Q1. And will face some tough earnings comps as they'll be taxed vs. untaxed last year. But this is a solid Nasdaq company with some impressive growth. Scanner revenues up a whopping 39% in Q1. Commentary on the CC sounded very upbeat. Not just for the rest of 2017, but for 2018 too. Heading into seasonally stronger Q2 & Q3, have to think this one will get another run to at least the $4's at some point.
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