Savvy Trades and Investments

[SSKILLZ1]

BGSF

Initiated a small/tiny position today under $10. Not normally liking to buy on the way up, but this one seems very attractive to me here. Earnings of .37 up from .34 in the year ago Period. Seems alot for a stock under $10 with the seasonally stronger second half to come. This is being done with headwinds in the sector and they are still able to produce these result. I expect about .45-.50 the next two quarters each quarter (Probably a little more in q3 than q4), hence I fully expect earnings to be about $1.50 for the year. Given a 10 PE gets us back to about $15 conservatively.

Furthermore at $10 This thing Yield 6% so you get a pretty nice divy while you wait, and holding a stock into the next quarter which is seasonally strong I like holding seasonally strong stocks going into a quarter, specifically when the stock is still near 52 week lows.

Not a big position, given the volume, Just think a combo of attractive valuation, going into seasonally stronger quarters, near 52 week low still, with an attractive dividend that pays you while you wait. I decided to put a little money in. Tiny Position, but I do like it here. Will add more on weakness if it comes back to me. All is just my opinion, and I could always be wrong though.