Value Microcaps Motherboard

[SkepticalOptimist]

SMID-

Did anyone else get back into this after the last earnings release? I bought some immediately following the PR, but after further review, I noticed that they had a nice pickup in margins, which could be the result of smarter contract pricing and/or better product mix. Additionally, if you normalize for the Columbia plant which was a potential investment gone bad and will not be used going forward, along with the abnormal increase in bad debt, SMID earned about $.10 per share in 1Q, which is a seasonally slow quarter for the construction business. Looks pretty good to me in the low 2's

(NOTE: SMID's timing also did me a huge favor as I unloaded KRSL at $27 following SMID's PR on late Friday, May 11 to free up funds and KRSL dropped ~33% on the following Monday so my SMID transaction is already favorable).