AI
I got a little more the other day too. I went back over the last presentation and Joffe indicated improved cash flow in the coming quarter so my hope for a weaker quarter because of seasonality may not happen. Its holding up nicely in this market the past few days. The other day I had a rather odd fill too a bunch of single digit shares throughout the day that didn't show up on my level 2/trade history.
On SMID I think they were helped a lot with the drop in fuel prices a while back. Not just directly but indirectly. In talking with the company I got the impression they don't do a good job of passing on costs and raising prices but I think the high fuel prices made it easier for them to do so. And Rodney had mentioned once that they didn't intend to lower them (or at least not as much) if prices came back down. I am still concerned about the weaker shareholders too. I think I am in a wait and see mode to see how Q4 goes and probably Q1 too before making a decision on adding more unless of course the market is giving the stock away which may happen before then
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On SMID I think they were helped a lot with the drop in fuel prices a while back. Not just directly but indirectly. In talking with the company I got the impression they don't do a good job of passing on costs and raising prices but I think the high fuel prices made it easier for them to do so. And Rodney had mentioned once that they didn't intend to lower them (or at least not as much) if prices came back down. I am still concerned about the weaker shareholders too. I think I am in a wait and see mode to see how Q4 goes and probably Q1 too before making a decision on adding more unless of course the market is giving the stock away which may happen before then
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