One Of The Best Mean Reversion Trades Out There
A thin float, a wonderful business, and a falling knife worth catching
This networking play has divided investor opinion for years, but over time shareholders have done incredibly well.
That’s even with a two-thirds decline year-to-date, a decline that increasingly looks factor-driven rather than a response to real concerns in the business.
The fundamentals now look extremely attractive, while recent news suggests calendar Q3 earnings should be solid.
Recent market performance has created some opportunities, but this looks like one of the best.