Cheap Stocks

We focus on undervalued small-cap stocks. Usually with a large cash cushion. We have developed a valuation formula that has been highly successful, especially on small tech stocks. Since 2006, we have closed out 49 stock positions with an average gain of 37%. 9 stocks have been taken over.

Tuesday, October 26, 2010

SUPG- Yikes!

SUPG reported Q3 earnings yesterday. Blowout to say the least. Sales up 29% to $13.4 million and they made $.06 per share (untaxed). Cash up to $114 million or $1.90 a share. They raised quidance also to $49-$52 million in sales from $44-$48 million and net income from "less than $4.5 million" to "less than $12 million".

Our valuation jumped from $3.48 to $4.47.

Stock is up $.50 today on huge volume.


Blogger Unknown said...

yea tell me about it.
Good call. Was waiting to buy on a dip but never happened..

9:36 AM  

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