Savvy Trades and Investments

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That was a blockbuster quarter for SCIA! Q2 earnings of .07/share vs. .02/share last year. Q2 revenues up 33%. Backlog at the end of Q1 was strong at $3.6M. Well that backlog increased SEQUENTIALLY to $6.3M. Yowsa!

I don't understand the thin film solar market...does anyone here know why business is suddenly booming for them? They did say revenues for the 2nd half would be similar to 1st half, which suggests Q3 & Q4 would be slightly lower than Q2. But I feel like they're being conservative. Also saw something in the 10Q about tariffs potentially being a drag on gross margins/net income. Guess that's true for a lot of companies.

SCIA has a great balance sheet with .61/share in cash. With that sequential jump in backlog, maybe Q3 will be a monster. They have the potential to post quarterly earnings of .10-.15/share with their low share count of 4.2M shares.

How to value this stock? Looks way too cheap in the $1's. I added more at the open and again around $1.80. Stock is up 30% today already so I don't want to get too carried away. Might be able to grab some on a pullback in the coming days. But then I think SCIA will crack $2 on its way towards $3 by yearend. Maybe a lot higher if the CEO is being conservative. Any thoughts?