Savvy Trades and Investments

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Yep SCX is looking like dead money short-term despite the severe undervaluation. But the stock does have a recent history of significant moves. Popped up from $6.50 to $8.50 after the prior earnings report in early May. Jumped from $5.50 all the way to $9+ in February after another earnings report. And then last December (while the rest of the market was melting down), SCX had that strange surge from the $4's to $7. That one was on no news too. So I'll continue to accumulate this cheap stock and wait for the next run...even if it's months away.