SwingTrade Member Forum

[Rawnoc]

SMID keeps hitting fresh multi-year highs, and I think will keep going. Here's why:

(1) SMID has reported solid financial results the last 3 quarters in a row that are very high EPS and growth vs. their market cap.

(2) SMID has a rock solid balance sheet with a tangible book value of $2.24

(3) SMID forecasted Q4 soon to be reported would also be solid.

(4) Shares Outstanding5: 4.66M Float: 3.62M
http://finance.yahoo.com/q/ks?s=SMID.OB+Key+Statistics

(5) A bit of institutional interest has taken a nice chunk out of the float:
http://finance.yahoo.com/q/mh?s=SMID.OB+Major+Holders