Replies to post #41017 on Savvy Trades and Investments

[RNsidersbuying]

FC 20.75 - up 11% on the yugest pile of gobblygoop bullshitt earnings report I've read in some time - leading off with this paragraph:

Transition to Subscription-as-a-Service Business AcceleratesStrong Momentum Continues to Build in the Fourth Quarter Driven By Accelerating Growth of Subscription-as-a-Service OfferingsDeferred Revenue of $41.5 Million, Up 99% Year Over YearUnbilled Deferred Revenue of $16.5 Million, Up from $5.3 Million in the Prior YearRevenue plus Change in Deferred Revenue (Billed and Unbilled) Up $13.8 Million (19%) in Q4Acquisition of Jhana Education Adds Important Content and Delivery Methodologies to AAP OfferingsRevenue Continues to Ramp for New China Offices and Education Division

https://www.marketwatch.com/story/franklin-covey-reports-fiscal-2017-fourth-quarter-and-full-fiscal-year-financial-results-2017-11-09?siteid=bigcharts&dist=bigcharts

Billed, unbilled, deferred, the (so-called) analysts don't give a hoot, why should anyone else lol?

I've got a put bid in if this pos pops any higher

[wadegarret]

Hweb- GRVY is very risky here

I personally wouldn't touch it even at $50. I sold way too early($17), but even if had kept it, I would have sold at $35 or so. As I have said before though, not one of my stocks for the last few years has gone parabolic for no reason. So really it's mostly the riskier micro cap stocks, where one occasionally goes parabolic for no reason. I don't equate that with a frothy market though.

[researcher59]

GRVY +4.52 to 79.01, a new all time high and it keeps ratcheting higher .... tried to short a few more at IB, but no shares available and maybe that's a good thing. haha

Did you cover on the dip to the high $60's or stayed short ?