Savvy Trades and Investments

[hweb2]

Yeah the terrible SEAC reaction sure doesn't bode well for upcoming earnings reports. And that was a pretty solid report. Obviously Q4 not the blockbuster we were hoping for (even though a big Q4 was never priced in!!), but still a good quarter. Yet the stock got punished like they posted an ugly loss. Puzzling. Selloff today was way overdone imo

Meanwhile the huge turnaround on SEAC continues. This streaming software company just posted quarterly earnings of .13/share and people think the $2.60's is a fair price? Wow that's tough! I mean are there lots of software stocks in the $2's that earned .13/share last quarter??

They recognized a $5.4M loss from the sale of their prior headquarters in Q4. Should be the last of the significant cost cutting measures. So GAAP & non-GAAP earnings should be more similar going forward.

I thought the CC was encouraging. No company is going to be wildly bullish with the economy currently shut down. But lots of positive commentary. Q1 prob down from the last 2 quarters due to the shutdown, but at least SEAC has a super easy Q1 comp. So they could still show some healthy top & bottom line improvements. And when they report Q1 in early June, hopefully the economy is starting its slow recovery. So the guidance for Q2 and the rest of the year should be more upbeat.

When the economy rebounds later this year, SEAC could post quarterly revenues of $20M+ with earnings of .15-.20/share. No clue what sellers in the $2's are thinking. I bought a bunch more today.