• Inefficient Market
    $SGRP competitor $CMKG acquired today for 160% premium. Long both.
    5/28/14
    Reply (10)
    • xNotreDamex: interesting. I just initiated an SGRP position, which one do you prefer? feel free to PM me.
      5/29/14
    • Inefficient Market: There's no more money to be made on CMKG, so SGRP is definitely the better play.
      5/29/14
    • grailhunter: Were you long CMKG because of RUTABAGA CAPITAL MANAGEMENT involvement ? or what was the reasoning why didn't you make a call on it then.
      5/29/14
    • Inefficient Market: No. I didn't announce it because I didn't have a full position on. Shares were hard to come by. Had about 1/2 of what I wanted.
      5/29/14
    • KonaCap: Thoughts here guys? Dropping like a rock.
      5/30/14
    • Inefficient Market: No volume and the float is really small. Insiders own like 70%. Q1 was soft due to weather impacting retail. International growing nicely.
      5/30/14
    • xNotreDamex: I sold my shares. I expect the drop to continue. I do not think it should, but rather, that it will. I like this stock and will rebuy at $1
      5/30/14
    • xNotreDamex: In terms of risk/reward, there should be decent support at $1, and Q2 might be flat so it'll be a buy and hold for at least 3/4 months
      5/30/14
    • Inefficient Market: I'd be shocked if this goes to $1, but anything is possible with a low float. Really surprised the stock didn't go up on the CMKG buyout.
      5/30/14
    • xNotreDamex: I hear u. It's a death cross that is widening, so I cut losses. at $1, even if the market does not recognize the value, it's worth owning
      5/30/14