Savvy Trades and Investments

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SGMA pulling back to the low $5's after hitting the mid $6's last week. I'm gladly rebuying a bunch of shares. SGMA should have a favorable earnings comp in early March. They gave upbeat commentary in the last earnings PR and have an easy comp. Hoping to see fiscal Q3 earnings of .15+/share vs. a small loss last year.

Still waiting on the Wagz acquisition. Could be another catalyst for a pop higher. Thought the 8K filing a few weeks ago was great news. About the new $50M credit facility with JP Morgan. Sounds like any dilution to acquire Wagz may now be minimal.

SGMA also received a large PPP loan of $6.3M. Guessing most of that will be forgiven. Whatever quarter that hits, going to give a huge boost to earnings. 1-time gain of course. But I saw SCKT & FORD get insane spikes on their PPP enhanced earnings reports. SGMA could get a similar low float spike if the markets are still hot.