Sep. 2 at 4:47 PM
$SPT This stock is a beast going forward… so many down side protections (CEO bought
$1M of shares at
$10.67 and
$50M buyback approved as protection against low ball takeover bids). December 17 dual-class voting shares going away, 1.1xARR currently, with improvements on growth and cutting 20% of staff to save
$50M this stock can easily be
$25 by year end.
If you need any evidence that institutional investor are buying check out today… stop raids in minutes from
$11.66 down to
$11.33 only to see someone buy 150k shares…massive candle. Check out end of day volume buying for weeks on end. Something fun is brewing here! I’m holding and buying more.