GREY:WFREF - Post by User
Comment by
can1on Apr 09, 2014 5:36pm
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Post# 22432253
RE:Damm thought a buyout was in the cards
RE:Damm thought a buyout was in the cards I agree. I jumped the gun before reading the press release. I Read the headlines only.
The increase was based on aquisition. Not revised increase based on past guidance pre aquisition. I noticed the same $5.10 and thought it was low, however bought deals cost money up front. Makes sense why the price was held back for so long as I stated earlier. Right on cue.... raise money for growth. I only hope they get support in the market, its numbers are decent. Unfortunately dividend paying stocks tend to be undervalued. The controlled growth strategy doesn't help either.
I am taking a wait and see if the market likes approach. I think it will.......I hope