Eagle & Beagle for Sunday, Oct. 27, 2013

Don Mecoy: Eagle & Beagle is a weekly look at Oklahoma's high-performing (eagle) and low-performing (beagle) stocks.
by Don Mecoy Published: October 27, 2013
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Eagle

Read any good books lately?

Someone's buying books, based on our eagle's performance over the past couple of weeks.

Tulsa-based Educational Development Corp., which sells children's books through home sales, retailers and the Internet, gained nearly 6 percent last week. It posted a similar percentage gain the previous week.

The stock, at $3.04 a share, remains low-priced and rarely trades more than several thousand shares a day.

EDUC's most recent quarterly report showed higher revenue with lower profits. But the firm has managed to maintain a reasonable retail sales volume despite cutting off sales to Amazon.com, which previously accounted for 20 percent of its retail sales.

We can't wait to see what happens to this bookseller in the next chapter, er, quarter.

Beagle

Disappointing news put this week's beagle in the doghouse.

SandRidge Mississippian Trust II shares tumbled 18.4 percent last week, with most of the loss coming Friday after the company announced Thursday that quarterly sales volumes came in below its initial estimates. Shares of SandRidge's other Mississippian trust also dropped.

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by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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