Hopefully so on SLGD. Earnings last quarter were awesome, which is why I was surprised the stock was stuck in the $2.40's & $2.50's for weeks after.
Q4 numbers will be interesting. Hoping for a continuation of strong Q3 results. Their own brands seemed to do very well in Q3, which was quite encouraging. But for now they're still pretty reliant on Batiste Dry Shampoo. And it seems the success of that product has led Church & Dwight to slowly take back an increasing share of the distribution over the years. Don't see that trend stopping, which is why SLGD will probably trade at a discount. The lack of PRs another reason for the low P/E. Now if they'd start giving us a quarterly earnings PR (so easy to do, heck I'll write it!) or talk about moving to a national exchange, the stock has plenty of upside from here imo. But they haven't shown they care to do either.
Maybe Q4 will be a repeat of Q3. Just don't see how with the loss of TJ Maxx & Marshalls sales for an entire quarter (which accounted for over 10% of SLGD's sales in 2015 & 2016). Going to be at least a slight negative, possibly a more serious problem. With the stock over $3, I don't plan to hold any shares into the 10K. But that's still over 2 months away, so maybe stock continues to creep higher between now & then.
