The surge from around $2.50 to $4 plus was extremely rapid and put SLK at a very high p/e.
However, they absorbed Transit Systems very well and have taken wise measures to expand the company without being reckless. I sold down a bit at $4.12 to profit on the rapid rise. Once the p/e catches up and so long as the management under Jeff Ellison remains sound, I will add more.
