Replies to post #104455 on Savvy Trades and Investments

[nelson1234]

SPRS didn't buy below three b/c like you, I am kinda concerned about the next few quarters now that it seems the benefit they got from being able to ship out product while the general supply chain was f'd for everyone has abated. However, there was a big bid at $3.35 which obviously sold through, and there have been weirdly huge bids recently in the $3.50's. I think someone or institution has been accumulating a big position, and I think they may step up and buy heavy back up into the threes.

[Knowledge is King]

I'm adding some SPRS($2.90) today. While the quarter was somewhat disappointing, the PR was upbeat IMO. Also, we're talking about a company that's been profitable 20 out of the last 21 quarters...these guys can make money in all sorts of economic circumstances. Plus, $1.84/share in cash gives them significant firepower to buyback stock, initiate a dividend, or make an accretive acquisition...