ASZ 0.00% $1.63 asg group limited

Pecora, I feel your pain :-)Took a tax loss on a $1.19 parcel....

  1. 184 Posts.
    Pecora, I feel your pain :-)

    Took a tax loss on a $1.19 parcel. Got some more at a $1.15, $1. and $0.935, plus the DRP. I work in a similar space to ASG, and like their positioning. I just wish they'd convert 'opportunities' & 'pipeline' to $ale$!

    I particularly want to see what services their early contracts contain also, to give me a measure of their capabilities. Federal budget hasn't hurt IT spending and these are the contracts that they should be going for.

    Anyway, will see. The drop to $0.92 seemed to be an overshoot I took advantage of. The head-scratcher about today was, with weaker employment numbers, and their major risk being retention of talent and IP, and my own knowledge of how tight the major IT employment market is, should have been a negative weight. Coupled with the negative leads, a 7-8 cent swing for the day was a surprise.

    Good luck with your investments!

 
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