Post by
Dunworkin2 on Sep 15, 2022 7:39am
Trading below book value now
BV: $11.47
Price/Sales (TTM): 0.4
P/E: 6.4x
Dividend yield: 3.93%
6 analysts with buy targets: $ 26.00 average PT
Price action/volume indicates to me that institutioins are exiting en masse. My biggest mid-cap disappointment. Hope contract news comes soon.
Comment by
McRambus on Sep 15, 2022 12:20pm
Let it collapse. I am a happy camper. Going to $4.00 and possibly even less. Everyone got duped here because of ONE TIME contracts for overpriced nitrile gloves. I actually thing it could even go lower than $4.00. I use that target because that was the 2020 low. Even management thinks there is no bottom. Stock is down 80% and yet they have issuer bid and have not spent $1 on buyback? Going lower,
Comment by
longdon on Sep 23, 2022 7:50pm
Big rebound today. Dead cat bounce?
Comment by
Dunworkin2 on Sep 27, 2022 9:54pm
My guess is it was shorts covering. They've done well.
Comment by
Analysis777 on Oct 18, 2022 10:52am
This post has been removed in accordance with Community Policy
Comment by
McRambus on Oct 25, 2022 2:00pm
Covered my short on this turd today. It will go lower but I need my capital for other opportunities as the market recovers. Contracts are non existent. TD promoted this with target prices above $50 now calling for $20 with risks in today's report. And yes, there should also be a shareholder lawsuit. They were already sued for demurrage costs.