Another way to ask this question is why has Taglich been following SLP for so many years? Analyst coverage is nearly nonexistent for small companies... especially when the market cap is under $100 million. SLP had Taglich coverage long before it hit $100 million. So I see it as a positive exception to get this coverage. We haven't been over $100 million for very long so as SLP continues to grow I think that others will recognize the quality and we will see more analysts.
Simulations Plus Signs 5-year Consulting Agreement with Major Research Foundation
Project provides ~$4.7 million over 5 years to implement a platform for global teams engaged in model-based drug development.
And this is in addition to all the other things going on !
The 10-Q will be released by next week...
"We expect to file our 10-Q with the U.S. Securities and Exchange Commission on or before the April 13, 2016 deadline.
Maybe that's why they are so good at what they do... The employees come for the work challenges and satisfaction of accomplishment rather than all the other stuff that Lancaster doesn't have :-)
With a population of around 160,000 it's gotta be better than any large city. I would take it over LA, Atlanta, NY etc anytime.
I'm sure that someone will be willing to buy your shares. I picked up a big truckload last week. I could be wrong in the near term but history has proven that the longer term outlook has provided exceptional rewards.
There is a good summary for SLP at the Taglich Brothers web site.
When do you expect to make your article available ? Thanks.
Moments ago S&P continued its downgrade cycle, this time taking the axe to the regional banks with the highest energy exposure due to "expectations for higher loan losses." Specifically, its lowered its long-term issuer credit ratings on four U.S. regional banks by one notch: BOK Financial Corp., Comerica Inc., Cullen/Frost Bankers Inc., and Texas Capital Bancshares. The outlooks on these banks are negative
Walt hasn't sold any stock for about 5 years... Why shouldn't he sell some shares? I mean this guy has put his entire life into growing this company from a market cap of about $4 Million to well north of $150 Million. I consider myself very fortunate that I have been able to go along for the ride while he does all the work ! SLP has been my most profitable investment of all time. Thank you Walt !
As far as the timing of the transactions... The sale of 32,076 on 1-21-16 was associated with a stock price close of 43 cents below the previous day. The sale of 58,181 on 1-29-16 was associated with a stock price close that was 40 cents ABOVE the previous day close. In other words his stock transactions had practicably zero effect on the price of he stock. Anyone that thinks that the CEO is responsible for the wild stock swings needs instead to be asking the speculators that are causing it... Not the CEO that is doing all the work.
BTW... The insiders are prohibited by SEC regulations to "trade" their own stock... They can buy or sell within a 6 month period but not both... so don't be expecting to see him buying any shares in the near term
I actually sold a few shares last week... First time in almost 15 years ! I had an order to buy some today but it never hit. I waited too late in the day and it never came back down.