SVCI haven't written anything here for a while because I was p issed as I sold my entire position at $3.15 (the other half previously at $3.10 and $2.90) and SVC was rocketing to $3.30+ for days. The share price behaviour over $3 was based solely on Q1 being the break through quarter... well, it's not. And now SVC is heading in the opposite direction. I was using previous rough estimates of $23-28 million Q1 Rev to maintain $3.05-$3.15 fair market price. SVC now has a ton of new customers since November 2009 when Rev was 19 Million for Q4. Back then share price was $1.30. Add on SVC has
.60+ cash in bank. Don't know where SVC is going from here. But will defo have to run new numbers and come up with a new fair price for SVC.