GREY:DLTOF - Post by User
Post by
modulexon Mar 19, 2015 6:48pm
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Post# 23540894
DANIER LEATHER INC.
DANIER LEATHER INC.
the stock dropped to approximately $2.20 in january 2009 and moved up to $14.60 in october 2010. it fell back recently to $2.97 and moved up to approximately $4.10 last week. you have to ask 1) if this would be such a cheap-stock company why is there no serious buyer coming forward? the company is loosing money although it has no or minimal debts which is of course a key asset that it will likely be bought over at a much more higher price than current $3.50 or so. be however careful as the saying goes "it is too nice to be true". there may acutally not be such a high value to DL stock than one thinks.