GREY:PSGLQ - Post by User
Comment by
ok2buyon Apr 19, 2016 10:43am
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Post# 24783358
RE:GMP Lowers target from $8.00 to $4.00
RE:GMP Lowers target from $8.00 to $4.00hockey1970, It is obvious how you feel about PSG as you have made your point numerous times on this bull board. A GMP target of $4.00 is exactly that, nothing more, nothing less. One analyst's opinion on the company. I could point out that Sagard Capital has been buying and currently owns 15.1 % of the total # of outstanding shares. They feel there is value there. Your comment regarding ownership @ $5.00/share and making money again is your opinion. BTW, the stock recently hit $5.15/share on Apr. 14/16. I think you are worried that the stock didn't drop more after the Q3 announcement and in fact started to move north on the chart again. Short position? If you look towards Q4, EPS is going to improve versus this quarter. I am betting that the SP will continue to move up. My opinion. In the meantime, if the SP does drift lower, I will be a buyer./ok2