Savvy Trades and Investments

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Sweet call on RGP! Wish I'd looked at this one closer below $15 recently. As they were set up for a very favorable comp based on their own guidance. I snagged a tiny amount after the excellent Q1 report yesterday. Felt like I was chasing as the stock's already had a nice run. Was hoping to get more on a pullback. Doesn't look like I'll get the chance with the stock now in the mid $18's. Here's the Q2 outlook from the CFO during the CC yesterday-

"I'll close with our second quarter outlook. We remain optimistic and anticipate continued growth in the business. Revenue in Q2 is expected to be in the range of one eighty six million dollars to one ninety million dollars, which at the high end of the range would be an estimated twenty four percent increase compared to Q2 of last year. We expect gross margin to be within the range of thirty eight percent to thirty eight point five percent reflecting the impact of Thanksgiving holidays in the U.S. We expect run rate SG&A to be in the range of fifty million dollars to fifty three million dollars."