Post by
jsbarnby on Oct 15, 2011 12:30pm
UChuck
You may have called a temporary pause in the share price for the past 3 months based on the fact that it went parabolic but the party remains for those who got in at the 10-12 area like myself. GLN is in a great sector, has quickly growing earnings, a great valuation, little debt and is a dividend grower. The story is far from over. We will see $20 again over the next year.
Comment by
msillusion on Oct 22, 2011 12:16pm
At that low of a purchase price, you could afford to hold. I got in at $18.25. With the stock I decided to buy and hold . Big mistake.
Comment by
jsbarnby on Oct 23, 2011 1:02pm
Not sure how your entry price makes a huge difference. I imagine you got into the stock because it had high growth with a reasonable valuation, little debt and an ROE of 25%+. None of these things have changed.