Savvy Trades and Investments

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Yeah was hoping for a little more on SMID. Thought they'd do .20 or more. But they're in a hot sector & business is booming. Backlog is $30.2M vs. $18.3M last year. PR mentions going to a 7 day a week production schedule and how they're bidding on more large contracts. Next few quarters look very bright for SMID. Just wish they'd move to Nasdaq!

From the PR:

With the purchase order for safety barrier on the I-395 High Occupancy Toll lane project in Northern Virginia, the Company will begin producing J-J Hooks safety barrier seven days a week to meet the delivery dates required within the contract. The Company is currently bidding on additional large safety barrier projects, as well as the highway soundwall that is included on several projects. We are confident to be awarded a portion of both safety barrier and soundwall contracts out for bid.