Savvy Trades and Investments

[gilead23]

Anyone playing SRTS earnings today?

I’ve trimmed some going into the report. A good bottom line for this quarter seems like a given, but the question is what do they say about the outlook?

If they indicate anything close to the current numbers going forward it likely has a lot of upside.

I don’t like a separate PR on the morning of earnings day, and their inventory “strategy” makes no sense. I can’t come up with any reason whatsoever why this company should be keeping 17 million dollars of inventory unless they think they are going to start doing 20 million dollars a quarter.

It’s a good enough risk/reward to hold on to some, but the last year has shredded management credibility.