GREY:ENGFF - Post by User
Comment by
wallywillon Apr 15, 2013 11:50am
136 Views
Post# 21254983
RE: What if??????
RE: What if?????? Thats the thing with this board SS. Only posts that only paints a rosey picture are discussed and favorably rated. If any of the challenges that ENG faces are posted they are quickly swept under the rug and are dismissed as non relevant. ENG has no challenges, no downside no risk. They are bashing the stock trying to get shares at a cheaper price. I have always tried to post any good points as well as the bad hoping that others will be willing to share their views. I myself will always try to gain a good balance of both sides. Unfortunately it does not happen enough. ENG's SP is currently many multiples of cash on hand and no one can predict how low the SP will go if nothing happens this year. Can ENG trade below its cash on hand? It certainly it can IMO. I will let someone else post the cash on hand verses SP valuation multiples. IF they dare.