PennyStock101 (org) has a fresh new pick coming out this morning at 9:30am EST. Their previous opening bell trade alerts have made some huge moves. I suggest you google "pennystock101" and signup to their newsletter ASAP!
Insider buying. Moll buys 15400 shares at 12.95 $199,000.00 I rember when I bought this stock at .52 cents I made a fortune along with their ( Special divdends) I just got back in.
SHLO is up a dime today when everything else is getting hammered. As I've noted before it's thinly traded which can be a blessing and a curse. Also have I seen reports of insider buying? That is almost always very positive. Are there other comments from those of you who may follow SHLO more closely than I? All have a good day.
Insiders, all Board Members, no Company Mgmt., bought in mid July. In essence, the owners of MTD that control the company bought a little more. In general, the earnings have been at or below the levels, prior to their buying spree. They have increased revenue, SGA, and debt, but not earnings. Their Qtr. ended July 31. Their last few Qtrly reports have have been slow by 2-4 weeks compared to the last couple of years. So, don't expect results any time soon.
If SHLO can continue to increase its profits, (not just its revenue) then investors will worry less about the mountain of debt it has taken on in its expansion. As long as the orders keep pouring in I think this company has a chance to really increase its market share. Not sure if it will climb from $13 yet, but a couple more good earnings reports and it could take off into the $20s easily I think.
Just an observation but SHLO has low trading volume - typically - compared to larger companies i.e. this is NOT AAPL!. That low volume can magnify the impacts of moves up and down. I believe this is an excellent company that has strategized properly and invested for the future. I guess we'll see if my assessment is true.
Good luck to all. Have a good day.
Just finished listening to the cc. Very positive. Future sales and margin expansion, more products coming to market, going from a commodity business to more of a higher margin customized solutions, longer sales cycle for products (7 yrs vs. 3-5 yrs previously), SG&A to remain at ~ 6% of sales, lower tax rates due to more global footprint, etc.