GREY:GLNIF - Post by User
Comment by
TheRock07on Jul 29, 2011 7:10am
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Post# 18886256
RE: RE: RE: RE: Record sales and earnings in Q2
RE: RE: RE: RE: Record sales and earnings in Q2Quite so.
The share price has a seasonal high early in the new year , when Q3......very much the strongest quarter....is announced.
In early 2011, the share price moved to the $35 level ( pre-split ).
As this years net earnings will double those of 2010 I fully expect that GLN will follow the same seasonal trend of 2010 and hit the $35 level in early 2012.
One might also see a dividend increase later this year.