Well, the stock has doubled since their last earnings announcement....and that certainly wasnt because operations were doing better, it was b/c of the possibilities of buyouts, asset sales etc. So maybe, when some investors actually see what a real quarter looks like.....they get scared and bail. Or maybe some of investors didnt like guidance.....which was optimistic longer term, but short term, there's a decline in sales year over year in the March quarter (I think).
I had sold half before earnings, and bought that all back at $8.20, but it looks like I may have been overeager.
Nevertheless, I agree with many on the board that the reason to own TECUA is still valid......sum of the parts, its cheap.
best.