Savvy Trades and Investments

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Speaking of buyouts, I wonder if HBP might get another offer from Mill Road. Last one was $4 at the beginning of the year. Obviously they'll have to increase that significantly after HBP posted 2 whopper quarters in a row. Earnings of .30/share in seasonally weak Q1 vs a loss last year. Then earnings of .54/share in seasonally stronger Q2 vs .06/share last year.

I'm surprised HBP is back below $5.50 after popping up over $7 a few weeks ago on the blowout Q2 report. Even weak today, while the broader markets are rocking and so many stocks are ripping. Strange. I saw a large block on the HBP ask earlier. Maybe not a good sign, but I added some more shares. Thought this was a deal in the low $6's after they posted Q2 earnings of .54/share. Now it's a nice gain just to get back there.