Replies to post #10202 on Savvy Trades and Investments

[hweb2]

BSQR not all that undervalued anymore. Since earnings should drop back quite a bit in the current quarter. Company cautioned on the last CC that the huge amount of proprietary software revenue in Q1 was unusually high and wouldn't continue. That was almost pure profit so gave a big boost to earnings. I'm guessing Q2 earnings will be closer to .10/share. That would still be a great quarter. I'm assuming $1M in proprietary software revenue for Q2. But who knows what that'll be?

Q2 still a long way off so doesn't really matter. Stock is very strong. Momentum traders are all over it. They don't care about fundamentals and sure they didn't listen to the CC (hey it's 13 minutes long? got no time for that ha). They just keep chasing stocks hitting new 52-week highs. So looks like BSQR headed higher short-term, but I wouldn't hold into the Q2 report. Especially after this big run.