Title: SMIT
Post by: David Randolph on November 26, 2007, 05:07:32 AM
Post by: David Randolph on November 26, 2007, 05:07:32 AM
July 9, 2007:
Initial analysis for SMIT:
Initial analysis for SMIT:
Title: Re: SMIT
Post by: David Randolph on April 04, 2008, 06:17:48 AM
Post by: David Randolph on April 04, 2008, 06:17:48 AM
SMIT is a very small company, just $15.7 M market cap. Volume is low, there were 23,600 shares traded yesterday.
I'm just curious to what happened in point 1 on the chart below:
«On the other hand, Schmitt Industries (SMIT - Cramer's Take - Stockpickr) plunged 24.2% after income for the quarter ended May 31 fell 31.6% year over year to 13 cents a share, on 17.5% lower sales of $2.9 million. Oregon-based Schmitt, which makes computer-controlled balancing equipment, was trading at $8.49.»
I'm just curious to what happened in point 1 on the chart below:
«On the other hand, Schmitt Industries (SMIT - Cramer's Take - Stockpickr) plunged 24.2% after income for the quarter ended May 31 fell 31.6% year over year to 13 cents a share, on 17.5% lower sales of $2.9 million. Oregon-based Schmitt, which makes computer-controlled balancing equipment, was trading at $8.49.»