Savvy Trades and Investments

[SSKILLZ1]

BELFB

I joined you on BELFB, I agree with you on why you Like BELFB, don't know if today is the last day of selling, maybe tomorrow is that day. But want to get in today at $13.09 for and initial position. Could always add more tomorrow if we visit the 12's. Anyways here is what I like.

I believe BELFB GP % will be improving from here, so if it goes up 2-3% more that alone will add more net income. Which I believe will occur. Add in the fact that I truely believe sales are going higher, and there backlog and book to bill are both very promising number. They also have well over $5 a share in cash as well which is another plus. Can't say this one is a huge position, but just thought I get my foot in the door with this one.

To summarize, stock waaaaaaaaaaay off it's highs, that reported a excellent quarter with potential for far better results in the future do to improving Gross Profit %, Huge Jump In backlog, That should add to further increases in sales, with over $5 of cash on the balance sheet. So I decided to enter the stock here at $13.09 as I really like the risk/reward at these levels in my opinion. All is just my opinion, and I could always be wrong though.