Anyone else buying SCX? I can't believe this one didn't rebound a bit after the surprisingly good 10K on Monday and have been adding shares every day. Q4 earnings a solid .22/share (even with the high level of expense in 'other income'), a nice improvement vs. last year. Q4 revenues increased to over $61M, the highest in years. Annual earnings of .87/share a sharp improvement vs. the prior year, and also the highest in years. Tangible book value around $10, including $2.22/share in cash.
SCX could jump back up to the $8-$10 range, and it would still be quite undervalued. So who the heck is selling in the $5's?? And we've even had a better tone to the markets this week, including microcaps.
SCX one where I'd like to know what the sellers are buying that's cheaper than this. Hopefully logic returns at some point. Wish we could attract an activist investor, who should push for a more proactive IR/PR approach. Or the possible sale of the company at a healthy premium.
Market Data 
Markets 
AI
