Savvy Trades and Investments

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On ESP, I don't worry about attaching a P/E because it's so subjective. Instead you may want to factor the strong balance sheet into your valuation. ESP sitting on $7/share in cash & investments. Only negative I saw in the report- backlog was down slightly on a sequential basis, from $87.1M to $84.8M.

Stock should get a nice pop tomorrow. Not sure if I want to chase in the mid $20's. Still undervalued but it's already had a sizable run from where a lot of us liked it in the mid teens. Probably will snag a few at the open, just because everything seems to go higher & higher in this red hot market.