Replies to post #87071 on Savvy Trades and Investments

[bbotcs]

Swick984: AYSI

Thank you, Swick. I am picking up some shares of this oldie but (hopefully) a goody.

[hweb2]

Another solid quarter for AYSI. Although I figured revenues would be higher. Nice to see the cash position climb to almost $1/share. SG&A jumped in the quarter, maybe they're ramping up production? AYSI should be seeing huge demand given the spiking price of iron ore. It's made another big move just in the last couple of weeks:

https://markets.businessinsider.com/commodities/iron-ore-price

I feel like AYSI will eventually get a pump as a commodity play. They should have another excellent comp coming up. In the meantime, I'll continue to accumulate in the low $2's