Thanks on SOTK. Yeah I covered recently in the mid $5's. Still way overvalued imo. But with the markets on fire...SOTK is the kind of thinly traded stock that could shoot up 10-20% for no reason at all.
Saw this Form 4 filing today. Director selling at $5.11? Ouch
SOTK has rebounded nicely after dropping below $5 last month. It's up 25% or so just this week. On no news than I can find? They did get a $1.1M order last month. But I think this one is looking like an attractive short again into their fiscal Q2 report in mid October. As they should post flattish quarterly revenues around $4M. And puny earnings of .01-.02/share vs .02/share last year. Plus I'm guessing a cautious outlook with the economy slowing. Stock would be overvalued in the $3's imo
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