GREY:GLUSF - Post by User
Comment by
McRambuson Nov 14, 2017 1:16pm
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Post# 26960899
RE:RE:RE:RE:RE:RE:RE:RE:RE:Earnings
RE:RE:RE:RE:RE:RE:RE:RE:RE:EarningsStock has been terrible mismanaged. Terrible price action. Just the fact they released earnings on a Friday evening is enough for me to question their qualifications. Never in 20 years have I seen a high profile company release earnings on a Friday evening. The founders certainly haven't helped. Bottom line, if you can't raise AUM in these conditions something is wrong. Add to that a portfolio manager is leaving and will probably take a bunch of clients with her. One hopes they have some non compete clause to avoid this but who knows. Also, astonishing dividend yield is a sign of increasing risk.
Maglite wrote: Share price dropping like a ball. I guess some traders and investors do not understand the concept of underlying share value. Panic selling as usual. Be greedy when others are fearful. We might be test the 52 weeks low after all.