SGOCO is an amazing turnaround story of 2013. The company has provided a very bullish outlook in its prior releases. With the near-term catalyst just weeks away, I believe the current weakness in the stock price provides a good entry point. Any day now, the company will put out a press release and announce the actual date of the Q4 and full-year 2013 results. When that happens, the volume should start to increase. Depending on how good the numbers are, the former high of $8.33 is well within reach. I believe they will execute and deliver another incredible quarter.
Solid DD combined with timeliness and conviction is a recipe for profits.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.