Aug. 4 at 3:35 PM
$CPS Yeah it looks like the volume on ER day was swing traders and now they are exiting. This is the history of this stock with low volume, low float, extremely undervalued and heavy following of day traders watching it.
July new sales volumes out today were strong. Huge tailwinds in favor of
$CPS. And if their 2030 revenue numbers are even close to accurate it is
$1B+ in new revenue on already booked business (w/o better volumes) on 50% incremental gross margins. This is >
$500M to GP on a fixed SG&A with no new capacity needed. Their 2030 EBITDA margin looks extremely low. Current market cap is
$428M.
Block the noise if your an investor. If your trying to swing trade this you will probably lose money.
