Savvy Trades and Investments

[wadegarret]

Hweb, SGMA

Supply chain issues mean nothing, when demand is high. Just look at the semi conductor stocks, where the SOX index is up 160% in 16 months despite supply chain issues the entire time. Actually the supply chain issues probably keep the rally going longer. Ok, so the WAGZ aquisition dilutes by about 33%. So I figure the $.36 April qtr is $.24, but that gives zero accretiveness to the acquisition. Even then, the CEO said backlog at record levels, demand to remain high, and to expect similar results going forward. Therefore, even with the dilution from WAGZ & an assumption of zero accretivenss(which is ridiculous), I see around $1 in EPS potential. Stock should be worth $10+ IMO. I bought in the mid $6s, and plan to hold till $10.