Savvy Trades and Investments

[maxluke1]

ESP - pretty significant news today:
https://finance.yahoo.com/news/espey-suspends-dividend-210500331.html

This was a pretty exceptional event, given that ESP hasn't ever cut the dividend from what I can tell (even during 2008/2009 meltdown).

I don't own any ESP, but was expecting a turnaround. I think the language in that release is important for many microcap stocks, especially those with any aerospace exposure (e.g. SVT) and, as Nelson has previously pointed out, those facing an electronic component shortage (KTCC, SGMA come to mind).