Savvy Trades and Investments

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Agreed on SSNT. Another good quarter excluding the big 1-time charge. Would have been Q3 earnings of .06/share or so. Stock seems fairly valued in the mid $3's. I was hoping there might be a sharp kneejerk selloff to the ugly headline net loss. But I guess that's not gonna happen on a day the Russell is up 5% ha

Also I noticed this in the 10Q. They made another small acquisition. Kinda strange no mention in the earnings PR.

From the 10Q-

NOTE 15 – SUBSEQUENT EVENT

On November 13, 2023, the Company entered into an asset purchase agreement to acquire certain assets of JCS Computer Resource Corporation (“JCS”). The purchase price for the Acquired Assets was $1,325,000, $278,489 of which was paid in cash, customer deposits related to prepaid time from clients in the amount of $21,511 and $1,025,000 of which was paid through the issuance of a three-year $1,025,000 promissory note dated November 9, 2023, paying interest at the rate of 4.25% per annum.

Today's earnings PR-

https://finance.yahoo.com/news/correction-source-silversun-technologies-reports-144000943.html