Savvy Trades and Investments

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Rebuying a few BSQR. Popped up to the $1.30's in February. I still find this balance sheet play to offer an attractive risk/reward profile below $1.10. Probably no rush in this stinky microcap market as the next couple quarters will likely be losses. But BSQR announced that 20% headcount reduction in December 2022 in an effort to get to breakeven from operations. Hopefully they can get there by the middle of this year. If so they'd be sitting on $1.50+/share in cash with no debt, and earning at least .01-.02/share per quarter just from their cash horde. Stock would re-rate closer to $2 imo. They're also doing a $5M share buyback.