GREY:GLNIF - Post by User
Comment by
PRObonoon Sep 22, 2012 11:06am
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Post# 20400118
RE: RE: RE: RE: RE: Glentel up 12% today
RE: RE: RE: RE: RE: Glentel up 12% today Another reason why it's up is that they are selling the iphone in the last ten days of Q3 which will probably ensure they meet or beat analyst's expectations. They will sell tens of thousands of iphones in these ten days. Perfect timing! Q4 should also be fantastic and if the US economy starts picking up even just a little, Diamond is well positioned to capitalize on that. This stock should have never ever gone below $17 or $18, the only reason it did is because it's a very thinly traded stock, on the other hand that's also why it had shot up to $23. Also what are they going to do with that 12 million on Dec 31st? 60 million cash total? Are they going to buy another chain maybe? They will do something with that cash! Expect a nice bonus dividend at the end of the year too! 10 - 20 cents per share? It's all good!
PRObono