Replies to post #70444 on Savvy Trades and Investments

[hweb2]

I added some SEAC on today's dip. One of the only stocks I feel comfortable holding over the next few weeks/months

[southacresdave]

Value....SEAC.... I don't worry too much about technicals here. 3.6M shares traded the day after they released Q3 earnings in December. That's for 14c/share net income non-gaap. I expect them to do 10M+ shares traded next Tuesday at least after Q4 is so much better + guidance where they can succeed in this environment. In that SumZero article, the one I mentioned in my other post to bbotcs, the author put the following in:

"SEAC repeated this point in recent PRs here, here, and here. In a recent call with SEAC IR, I asked for color around these PRs, as SEAC has historically not PR’d new deals, nor do they typically release any PRs in between earnings at all. SEAC IR advised that Yossi wanted to get across the point that there’s some strong opportunity set in the current stay-at-home environment and the competitiveness of their product."

10M+ shares trading in this stock, imo, will clean up the sellers and could give it a shot at a 52 week high. After that, who knows what momentum does.