- SGI Q1 .04 v. .25 eps
- So that means they had 4c earned a share and what was expected was 25cents, which will kill your stocks price and as you can see its dropped drastically from 15 to 9.
- SGI Japan acquisition and cost hit them this quarter, its a 1 time cost, but its dropped their gross margin line (Gross_margin Def) by 3%.
- He rambled on about a few other costs that should set them up long term, but hurt them in the now.
we look for big over exaggerated sell offs so we can take advantage of the fear and panic and get long.
8.5 was the # I was looking for so I'm hoping that we get another pull sub 9's and are able to get long, watching closely now as 9.5 seems to be holding up well.