Interesting stockI've been a fan of SVC for a long time. I sold months ago when it was at $4.25, a few days after I sold they came out with the news that they missed some sales for the quarter, but they would get it back next quarter. Stock dropped like a rock!
Long story short I love what they do, their balance sheet is awesome and now they're paying a dividend! Great company really...
I figured today would be a great time to load up on shares due to the no-news dip.
I could be wrong... this could be very bad news. I dont think so.
7% down in one day? Ill take it, we'll see what happens.
Happy trading everyone!