October
24
24
Secured Digital (SDGL.OB) announces guidance
Topics: trade ideasJust a quick update for those who have not seen the press release. Secured Digital Applications (OTCBB:SDGL) announced that it expects Q3 revenue to be $16.6 million, up 40% year-over-year. SDGL also expects operating income of $520,000. That may not sound like a whole lot but remember that the entire market cap (according to Yahoo! finance) is only $5.85 million.
DISCLOSURE: Long SDGL.OB
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I traded this stock using a Microcap Trading System and did quite well, interesting to see the fundamental analysis backs up my technical approach.