Post by
TradeTracer on Feb 24, 2023 2:48pm
Looks like some accumulation
I saw 5000 shares hit the ask there at $6.32, and it's been steady since into the the $6.40s
The CFO leaving suddenly is kind of strange, but it sounded like she (Mary) was on the conference call and I didn't get any bad vibes. As suggested, maybe just cleaning up the end of year, or perhaps she was on contract? All speculation of course.
If anything the questions that Mr. Stewart Emerson was getting seemed to keep him on his toes, but he did answer them all
I'll probably let Friday shake out, but definitely will look at this again next week
Comment by
Undeniable on Feb 24, 2023 3:50pm
She was on the conference call. Something did seem disjointed about the call. I am going to listen to it again. That said forward moving, I picked up some at 6.37... feel this company needs someone to grow them. I think we will see more news before long. Sxp will continue to grow.
Comment by
Moogul on Feb 25, 2023 12:48pm
I just don't want to see an equity raise. It looks like they could manage their current debt load in the ~75-80 million range with cashflow. An equity raise with the stock still trading soo cheap would be aweful, so I hope this company doesn't get overly aggressive in the near term.
Comment by
HermannHaller on Feb 27, 2023 8:40am
They should be buying back more shares, not issuing shares.
Comment by
emiltech on Feb 27, 2023 11:23am
From the recent CC, there were absolutely no indication that there could be any necessity for issuing new shares for the financing of the already announced deals.