Savvy Trades and Investments

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SCX in the $9's today. One where I'd like to ask the sellers what they're buying instead!? As SCX earned .44/share in their seasonally weaker fiscal Q1. Pretax income in Q1 more than doubled vs last year. Q1 revenues were up 25%. According to the earnings PR, orders were up 35% with backlog at a record high. SCX traded up to the $13's after that report earlier this month. Straight down ever since. I added a few more, but who knows where the bottom is.

Not only is SCX super cheap, but their Tru-Stone segment should be booming with a continued surge in demand from the semiconductor sector. Any excitement there doesn't seem priced into SCX at all. With semis on fire, I wonder if they spun off Tru-Stone and it had an IPO. I'm guessing the valuation of that one segment would be way more than that of the entire company right now.