Replies to post #104209 on Savvy Trades and Investments

[hweb2]

Good luck to us on FSI. I'm holding a small position into the results, since we know Q4 revenues were strong. Less confident on Q4 bottom line. In 2021...I feel like Q1, Q2 & Q3 had solid profitability...then a big dropoff in Q4 to around breakeven. So not sure what that's about. Think they just report annual numbers anyway, and those should look favorable.

Stock perking up a little today at least. Market conditions def better this week, with lots of green on the screen. A welcome change!

With you on the CEO. Hard to trust him after they almost made that disastrous acquisition last year. Unlike SGMA, at least they came to their senses and walked away.

[hweb2]

Looks like a good report from FSI at first glance. At first I got excited as it looked like a huge EPS number in Q4. But there were a couple of 1-time gains, as well as a sizable tax benefit. Looks like Q4 operating income around $1.2M. Down a bit from $1.6M in Q3. But way up from Q4 the prior year. Not sure why the CEO was in a rush to sell now. Barring some very negative commentary in the earnings PR, think this one creeps higher.