I added some SCX. Weak today for some reason. Stock popped up to the mid $8's earlier this month after a posting a blockbuster quarter with earnings of .30/share. Which nicely followed up the .27/share quarter from three months ago. Tangible book value over $11, including about $1.85/share in cash.
Now in the $7.30's? Seems stupid cheap down here. Like SPRT, would like to know what the sellers are buying that's more undervalued.
SCX($5.44) weakness continues; here's a theory why...
They just filed their proxy statement and in the "Summary Compensation Table" it's disclosed that the top 3 executives earned "Non-Equity Incentive Plan Compensation" totaling about $682,000 in FY19. If all of that amounts hits Q4, it could ding Q4 EPS by about $.10, pre-tax...