GREY:CHWWQ - Post by User
Comment by
woolcoon Feb 28, 2021 9:38am
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Post# 32681042
RE:Any thoughts?
RE:Any thoughts? I fully expect with the recovering economy and back to work happening over the next month/vaccine rollout ramping up....that the writeoff amounts will be released back into profitability along with improving revenue/collections.
The company is strong enough now to be buying back shares.
Insiders are buying around the 8-9 dollar mark.....should tell us they see 10-13 on the horizon.
I expect the 4th quarter/full year results are due any day now...and shoudl be positive overall...but the outlook will be what powers Chesswood forward.
My call would be divy increase in 1st and 3rd quarters this year as this is a fairly conservative group ...which is not a bad thing.
On the layoffs etc...smoke posted from a probably short investor. "Leftty became a member 1/31/2021..and made that one post. Shorts also falling steadily.... and i expect with the positive outlook...we may get a mini squeeze...pushing stock to $10 range.
This is an almost zero downside stock and a fair bit of upside with rapidly rising divy and valuations.