Replies to post #92857 on Savvy Trades and Investments

[2morrowsGains]

CSPI...Thanks BTuna...Sounds good!...And a BIG +++++ is CSPi's balance sheet. And their growth in managed services.
I know I've chewed my cabbage over and over again on this but CSPI is trading @ approx 2x net cash building a nice recurring revenue stream while increasing gross margins QoQ. And managing cash wisely.
MININIMAL downside risk!!! (Supply chain issues? Maybe, but that will work itself out eventually)

Anyway, BTuna, you won't believe this, but I think I'm done buying/adding CSPI for the year (lol). Was able to add quite a few shares in the $8's and have built my position to an all-time high. (I'm way overweight the stock).
Now sit back and wait on earnings. Hope I'm right. Just don't see downside heading into 2022, but you never know...

(Side Note: I look at it this way...I've had good gains this year. Ballparking some #'s, Let's say between state and federal I top-end in the approx 35% tax bracket combined. If for any reason I want to sell some higher cost CSPI before year end at a loss, I am only losing 65% of my initial investment on those shares. So well worth it building a huge position into earnings while the stock price is in the $8's. Hopefully I won't be in a selling situation though and I keep holding all my shares into 2022. :] We'll see what happens.).

BTW, I'm thinking/hoping the dividend gets reinstated one day as CSPi continues to build recurring revenue. They have a strong past of being very shareholder friendly...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164146875

Hope you have a nice Thanksgiving.

[2morrowsGains]

CSPI...BTW BTuna, The national intelligence agency contract is maybe just the beginning of bigger and better things to come with the DHS...

DHS, MSSPs and Federal Security Contracts

"The CTMS comes at a time when cybersecurity professionals are in great demand and can command healthy salaries. How will DHS’ hiring plans affect MSSPs fulfilling federal contracts? At first glance, stepped up cyber hiring in the federal government could lead some agencies to turn more to in-house cybersecurity talent rather than outsourced MSSP services. But amid the rapidly rising tide of cyber threats worldwide, a more likely scenario is that federal agencies will continue to rely heavily on MSSPs for their expertise and expertise."

Nov 19, 2021
https://www.msspalert.com/cybersecurity-talent/u-s-department-of-homeland-security-seeks-to-fill-1500-cybersecurity-positions/

https://finance.yahoo.com/news/aria-cybersecurity-secures-1-8-133000965.html