Will we see another one today?
There should be a lot of resistance at the $8 level.Investors often put orders at round numbers.
Just saw this new this AM.If this project goes ahead does not mean that ADF will win it or bid on it.
But ADF as the expertise to do these type of work.they were the one who did the One World
trade Center in 2013.This was a 25,000 tons job.ADF had lost money on that contract.
There are project possibility being announced almost every day.Infrastructure stocks is the place
to be invested for the next few years.
A The skyscraper would stand at 1,907 feet and beat out N.Y.C.’s One World Trade Center, which is 1,776 feet tall New Tallest Building in America Has Been Proposed
- A building has been proposed by developers in Oklahoma City that, if completed, would be the tallest in America
- It will stand at 1,907 feet tall in honor of the year Oklahoma officially became a state
- The skyscraper is part of a larger development called The Boardwalk at Bricktown which will be spread out across three acres
- The current tallest building in America is One World Trade in New York City, which is 1,776 feet tall
New York City may soon lose its bragging rights for having the tallest building in the United States — and to an unexpected destination.
Since then, DRX has learned a lot and have gained experience.Just like J.F.Bousier(The CFO)
said,"they are now much more picky when bidding"
I remember reading a post in Dec. from a poster(Wizardfuture),he wrote owing 190,000 shares
bought in the mid $1.He said is target was $8.
I have no reason not to beleive him and can't blame him not to sell some of his shares.
I too have a good position in DRX.As of today, i know have 47650 shares.and i too have
been building my position below $2.I was still adding last week, and will add on any weakness.
But i am not a seller.The reason is obvious.Even though the stock as appreciated quit a bit
the future of ADF as never been that good and it is still cheaply valued.
Why sell at $8 if i think the stock will be in the $10 to $15 range before year end.
Just $4 more x 47650 share will add close to $200,000 and half of my position is in
my TFSA .
Nice day to all.