Replies to post #26608 on Savvy Trades and Investments

[Swick984]

SPAR - I went short some shares of SPAR as well today near the open. They manufacture and sell heavy-duty vehicles. The stock price has run up from $2.60 in January to over $9 currently. They are marginally profitable and trade at an extreme P/E multiple and 50x EBITDA. I would expect they are facing headwinds similar to STS and other commercial vehicle manufacturers/suppliers. Earnings will be out on November 3.

[hweb2]

Here come the lawsuits on STS. Management had to figure all that insider selling was going to get them in trouble.

https://finance.yahoo.com/news/supreme-industries-investor-alert-hagens-133000228.html