No offense taken. I just wanted to hear why you thought it was going to zoom. I am mostly a fundamentals guy. I like growing revs and eps. Saker is unusual. There aren't many microcaps that are consistently profitable. BUT last year has definitely been a struggle to maintain profitability. Revs and eps are down from the previous year due to the reduction in NYC tours.
Obviously there is still hope that they can find an appropriate acquisition to replace those revs. It's also unusual for a microcap to have $2million in cash on the books AND be able to have a big bank give them another $2million line of credit to go find another company to buy. So I'm interested but a little cautious until I see what they are going to buy. You have been in the stock for awhile so obviously trust mgmt to find another KC type facility.
Thanks for the headsup. I will follow for now and see what mgmt can find.
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