RE:RE:Buy now or afterSon, I don't play this game to settle for a piddly 50% return. My avg on a six-fig position is 2.87 and getting lower as I continue to add. From the current price of 2.67, this has 300-700% potential once we hit top of cycle EBITDA probably in late 2020/2021.
Day trading is for losers, build positions in companies with exceptional balance sheets, great mgt teams and sector dominators. Also are buying back stock and fully expect a mod. dutch auction at some point in 2019 for a substantial amount. Small fry, institutional clowns sell into a low vol, summer period...and/or short sellers.
CaptainConn wrote:
Buy after. The stock will get cheaper. This is a good company but the share price will not reflect that till 2019. Q2 and Q3 2018 according to management are not good. Will be a good opportunity to make 50% once it goes lower. GLTA