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hweb2

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hweb2

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Thursday, 02/28/2019 11:37:03 AM

Thursday, February 28, 2019 11:37:03 AM

Post# of 118688
Anyone follow ELSE? I snagged a few in the low $3's this week. Low floater with an excellent balance sheet. Trading at tangible book, with $2.53/share in cash.

After 3 subpar quarters, ELSE rebounded in Q3 with earnings of .06/share. Numbers can be lumpy. But ELSE now has 3 easy comps coming up. I think another .05+ quarter vs. a year ago loss will launch this low floater to the $4's. While downside looks limited with that hefty cash position. Any thoughts?
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