Friday, October 19, 2018 5:55:50 PM
No doubt they looked at new contracts, new orders, at the last weeks, months and 3 months revenue and profits, under an NDA, and new company purchase plans, etc, info we can not yet see, and they saw all they needed to see to loan money to SGSI at rates even GE would swoon over getting.
Prime +2% based on receivables, and no factoring involved is one sweet deal.
Pretyy sure SGSI is and has been turning a profit recently. So I suggest tossing out that foggy SGSI mirror, it seems to have too much pig-stick on it LOL. Nothing in the mirror has predicted what has happened to this stock for 18 months, just like the missed massive profit Opp most missed in 2014. One needs a periscope to see the future, not a mirror.
U.S. Bank Raises Prime Lending Rate to 5.25 Percent from 5.00 ...
https://www.marketwatch.com/.../us-bank-raises-prime-lending-rate-to-525-percent-fro...
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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