GREY:LSTMF - Post by User
Post by
valueman1on Aug 02, 2014 9:28am
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Post# 22805056
Value
ValueI have been in and out of this stock over the last year. I think this one presents great opportunity as ,for all those aware,mgmt has closed their eyes to what the mkt was telling them- TOO MUCH DEBT. Finally mgmt is listening and acting. I feel they could do more for expense control but that is another story. I think what were seeing now is 2 things : 1) profit takers taking profits in run up from low $5 to $9 in a short period of time: 2) market (especially commodities) showing weakness.
I think most would agree that the $9 price we saw recently still represents good value but it just got there too quick.
Thats my 2 cents-
Any comments pro or con appreciated