TSX:STB.DB.A - Post by User
Comment by
goldsternpon Apr 11, 2013 12:28pm
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Post# 21242175
RE: RE: RE: RE: RE: RE: Double the price, half the
RE: RE: RE: RE: RE: RE: Double the price, half the First of all I think that the STB CEO is trying very hard to build a profitable and ethical business that he started from scratch while following in the footsteps of his father and grandfather who were all in the school bus business.
The company has recognized the areas that need improvement and is addressing them.
Management announced its goals and seems to be well on the way to achieving them.
There is a huge short position so I would expect that the stock could go well over $7 if the company continues to deliver.
In the wild and wooly world of investments one is constantly walking a knife edge. I have personally experienced the closeness of disaster if I hadn't bailed from JE and ATP when suddenly everything came apart because management wasn't honest. I am always a bit nervous about my investments but much less owning a school bus company with long term contracts and a generous dividend. Maybe you have better options?