BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

CLFD: Not so Clear Field, Initiating with Sell

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>We are electing to close out our Sell Rating on Clearfield (CLFD) after an unprecedented market response to our initiation. </li>
<li>In less than 4 trading days, CLFD’s stock has declined by approximately 32.3 percent</li>
<li>We see less of a reason to maintain coverage when the market has priced in for the business risks we had originally highlighted.</li>
</ul>


We are electing to close out our Sell Rating on Clearfield (CLFD) after an unprecedented market response to our initiation. 
In less than 4 trading days, CLFD’s stock has declined by approximately 32.3 percent
We see less of a reason to maintain coverage when the market has priced in for the business risks we had originally highlighted.


CLFD: Dropping Coverage, 32% Return in 4 Days

Clearfield Inc

CLFD: Dropping Coverage, 32% Return in 4 Days