Supportsave Solutions (OTC BB:SSVE)

Added to the GeoSpecial list on October 20, 2009 @ $0.55

Catalyst: We're speculating that above average revenue growth would begin to translate into meaningful EPS numbers; Trend for business outsourcing will intensify. 
Peak performance: Reached a high of $1.35 January 10, 2010
Current Price: $0.69
 
Current road block:  Lack of investor awareness; Shares are quite illiquid; P/E is over 25; EPS has still has not broken out to a meaningful number, as we had hoped. (Quarterly EPS has never exceeded $0.01).

Removing from the GeoSpecial list and placed on the GeoSpecial on the radar list until EPS growth accelerates. 

Risky investors may want to follow this story.  On  February 8, 2010 we reported that Supportsave Solutions President purchased 50 thousand shares. We feel that there is an outside chance that SSVE becomes an acquisition target down the line, a similar route that competitors have taken in the recent past.

Liquidity seems in tact:

"Currently, our primary source of liquidity is cash flows provided by our operations. We will not require additional capital to execute our plan, unless we expand into additional facilities or grow through the acquisition of complementary businesses. Our current cash flows from operations are sufficient to meet our working capital requirements over the next 12 months."

Positive Development:

GeoSpecial Supportsave Solutions President purchases 50K shares.  We view this as a bullish sign, especially since the stock is trading near its 52 week high.