Beavis, SPCT's eps is .57 "true". Great quarter, and really expected by me.(really) As I've posted, I strongly believed SPCT market cap would be fairly valued in the 50-60 range, and I thought it would take 12-18 months, but it only took 2! WOW, its been a great ride.
Right now, I only feel comfortable with a 500 million market cap for SPCT. With 8.4 million shares, that's about $60. I sold at $40, from $20, because of the rapid rise,(37 trading days),and I am very happy. SPCT still has a great future, and I am eyeing it for a reentry. I'll drop by SPCT thread more often.
Did you also notice AHA's rise? About 50% in 2 months. (See guys, I'm not just a bear on WMT!-g-)
I am very intrigued with GEMS, trading at only a 17 PE. The fundamental picture looks very similar to SPCT and AHA. All that is needed is one healthy quarter to get the street back on this great mid cap company. I think this Q is the one. Good Trading! LF |