Maybe my numbers are off on SYNL. I'm showing the $2.5M inventory gain was just over half of the pretax income of $4,894,000. They earned .44/share after taxes. Or about .22/share without the gain. A 77% increase gets earnings up to .39/share, so not sure where you're getting .50+. Unless you're expecting another gain. Either way, the Q1 bottom line won't look all that great vs. the .44/share from last year. But revenues should show a healthy increase.
Good point on the Privet selling. I'll stay away as I think the stock is more than fairly valued here in the $17's...after jumping up from $14's this week on the buyout offer. But someone is buying today. Likely because of the preannounced numbers you spotted.
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