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hweb2

08/21/19 5:54 PM

#64179 RE: hweb2 #64074

Plot thickens at SPRT. Stock up AH after activist investor Julian Singer announces a 4.9% stake.

https://www.sec.gov/Archives/edgar/data/1104855/000117152019000281/eps8639.htm

Some extra attention that this profitable company is trading below cash value can't hurt. Hopefully this works out better for Julian Singer than EVOL a few years ago ha. Guessing Julian Singer is related to Eric Singer...who was selling his stake earlier this year. Weird. Maybe 1 of these guys will bring about an increase in shareholder value. SPRT management is clueless, as can be seen by their stubborn refusal not to do a stock buyback despite the ridiculously low valuation.