Wish I'd bailed on my small SGMA position right after the report...but I wasn't at my computer dang. Some lucky souls sold in the mid-high $7's. I thought they'd put out the numbers during trading hours like they usually do. Wish they had. As the stock may have initially spiked higher on the excellent annual comp. Oh well.
I'm not selling in the mid $6's. May even buy a few more on the panic selloff. Q4 earnings were disappointing but better than the headline number because of the high tax rate. They've got a record backlog. Hopefully Wagz losses start declining going forward. Unfortunately, SGMA has a couple of brutal bottom line comps coming up. I'm guessing this one bounces around between the $5's and $7's.
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