GREY:GLNIF - Post by User
Comment by
PRObonoon Nov 29, 2012 8:26am
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Post# 20658857
RE: RE: GLENTEL 1,180 stores total!
RE: RE: GLENTEL 1,180 stores total! This stock is largely controlled by institutional investors, they are probably evaluating this massive spurt of growth for Glentel right now and are trying to figure out how it will translate for the future. A franchised chain is new territory for GLN and other factors, are they growing too fast? In my opinion, it's a fantastic buy again and GLN is poised to reap huge benefits in 2013 as the US economy will improve more and more. I have absolutely no worries, they are buying strong profitable chains and they can easily handle the debt load.
I think the institutional investors are going to push the price up to $20 in a short time. I hope that by mid-2013 GLN will be at $23 to $25!
Thank-you Skidmores once again!
PRObono