GREY:ALARF - Post by User
Comment by
maypeterson Jan 19, 2018 9:07am
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Post# 27392560
RE:RE:RE:Why the drop?
RE:RE:RE:Why the drop?Management has said repeatedly on the calls that higher interest rates are good for business because it takes away some competition of cheap access to money for potential partners.
This company is misunderstood by most investors. Maybe coming in for the yield. In time will rise again once their cash flow increases and they increase divvy.
Till then the manipulators in charge can have a field day. GLTA
SunsetGrill wrote: My guess on drop - I think the market (non institutional investors) are spooked by the 1/4 point interest rate hike thinking that will eat into Alaris profits; which would be incorrect if true. ALSO this is not a market for value stocks or yield stocks - its a high flying US market and a bubble in bitcoin, marijuana and blockchain stocks. IMHO this dog will have its day, dont know when or where but i will collect the 8% and wait.