Savvy Trades and Investments

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Interesting report by HSII a couple days ago...as is the stock action since then. HSII reported a solid Q3, although the numbers were down slightly vs last year. The Q4 guidance was weak (could be a note of caution for other staffing companies). Looking for Q4 revenues of only $215M to $235M, well down from the $255M just reported in Q3.

https://finance.yahoo.com/news/heidrick-struggles-reports-2022-third-200100570.html

HSII closed Monday in the $28's. Then tanked yesterday morning after the report, as low as the $22's. Started recovering nicely from there. Then today it's back in the $28's! Feel like this is an encouraging sign for upcoming microcap reports. Prob doesn't hurt that HSII is sitting on a boatload of cash & marketable securities.