RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:DNTL is Grossly Mispriced I opened a position last week at $7.75 - I started watching in the $12s, but obviously still a little early! Bought a few more at $7.00 and have some more dry powder to use if we threaten the 5s. This is a very illiquid stock with low volumes, so movement is exacerbated. To me, this looks like a stock with excellent long-term prospects and a potential double. I wouldn't rule out being taken private for a nice premium either.
Park Lawn, another roll-co, has also taken a huge hit and I've opened up a position there as well at $21. Doesn't seem to be anything more than market sentiment against 'growth stocks' - the difference with these stocks is that the underlying businesses are both very mature and also very stable cash machines, which economies of scale and business sense can make the most of.
The danger with watching this one for too long and trying to catch the bottom of the bottom means you end up with a paraylzed trigger finger and miss a lot of the upside.
anesthesiadoc wrote: any insight on what is happening with this, I was aiming to enter at $5.50 but I am wondering if I should lower my entry price. any help would be appreciated. Its crazy how it is dropping despite the fact the market is roaring