Replies to post #106743 on Savvy Trades and Investments

[hweb2]

Thanks for the reminder on ESP. Didn't realize this one had dropped back from the low $20's a few months ago. Agree this looks like a good one into their Q4 report next month. They've got an easy Q4 comp, which I love. They have a strong backlog and have posted 3 very solid quarters in a row. As you noted, other companies in the sector seem to be doing well.

Hopefully we'll see ESP post Q4 earnings around .40/share vs only .11/share last year. Annual comp will look great too. With over $7/share in cash & investments on the balance sheet, ESP could run back to $20+ on that report next month. I'll be accumulating around $15 & under. Let's just hope the markets hold up til they report.

[hweb2]

ESP moving up lately. From below $15 a couple weeks ago (thanks again for the alert!). To the mid $17's today. I'm trimming some. Probably goes higher if they post what should be a very favorable Q4 comp later this month. But I woulda been happy with this move after a great earnings report. So it's hard not to take some profits. As ya never know with earnings.