Seeking Alpha

Kenjisan's  Instablog

Kenjisan
Send Message
  • $SYX Is A Buy Now! 0 comments
    Mar 8, 2013 2:39 PM | about stocks: SYX

    Systemax, Inc. (TICKER:SYX) runs TigerDirect.com and sells personal computers, computer supplies, consumer electronics, and industrial products.

    Looking at the trend for the last 5 years, their share prices have gone up everytime after they announced Q4 earnings.

     Low Jan-MarHigh Apr - May
    2012Mar 07 - $9.38May 16 - $20.89+122%
    2011Mar 11 - $12.59May 13 - $14.49+15.1%
    2010Feb 12 - $15.80Apr 30 - $23.23+47%
    2009Feb 27 - $9.28May 1 - $16.93+82.4%
    2008Mar 07 - $9.38May 16 - $20.89+123%

    Once again, we are at March 7th and share prices are low once again.

    There is no good reason for the share prices to be this low. Systemax announced Q4 2012 earnings. The drop in earnings compared to Q4 2011 doesn't justify the share price drop from a year ago.

    Disclosure: I am long SYX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

    Themes: long-ideas Stocks: SYX
Back To Kenjisan's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.