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

    Systemax, Inc. (TICKER:SYX) runs 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-Mar High Apr - May
    2012 Mar 07 - $9.38 May 16 - $20.89 +122%
    2011 Mar 11 - $12.59 May 13 - $14.49 +15.1%
    2010 Feb 12 - $15.80 Apr 30 - $23.23 +47%
    2009 Feb 27 - $9.28 May 1 - $16.93 +82.4%
    2008 Mar 07 - $9.38 May 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.

    Stocks: SYX
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