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Eacom Timber Corporation ETRFF



GREY:ETRFF - Post by User

Post by hedgeron Jul 08, 2012 9:27pm
484 Views
Post# 20093363

bull-man ----ETR a buy now?

bull-man ----ETR a buy now?

insiders were buying some weeks ago and heavily in the 09.5 to 10.0 area.  maybe good maybe not?  

U.S. closures in recent times may fare well for those who are able to hold on for an improved mkt.  when demand does rise the supply has to come from somewhere and eventually the mkt turns but when?

mgt seems capable enough but holding out financially in the longer term may be a problem?

ETR did do a $40 million financing, not exactly a small figure.  

the mkt cap right now looks fairly cheap but afraid of a consolidation one day.

all in all would like to buy but means selling other losers right now.  nervous about new money at this time.

gets down to the old adage, buy when no one wants it!  

 

 

 

 

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