GREY:SBIYF - Post by User
Post by
RE38on Feb 06, 2012 10:52am
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Post# 19494436
Comparing SBS to SCG from last year
Comparing SBS to SCG from last year SCG has some game changing news with the Iridium card that saw the stock move from 4 cents to 26 in February. A couple weeks later it was back to 11. Then they reiterated the same type of news in May and signed a 5 year deal with Mastercard and the stock shot all the way up to the 70's, mainly riding the wave of INT's huge move.
Doesn't that sound similar to SBS? They had the original news in October, the stock price came back down after the spike. Since then EKG increased the market appetite and SBS reiterated the news of their contract with government approval.
Be careful of selling out too soon.