Post by
ValuKing on Aug 19, 2017 10:38am
Patience is the hardest part
I remember hearing about this company last year on the back of some acquisition they did. Surprised to see the sp now at all time lows and not moving. I'm in a metals stock GGD that is also ripe for a takeover and revaluation way higher (easy triple I think) but the thing about m&a is all the moving parts - from the macro environment to every little contractual term. Experience tells me this company will probably see the light of day again because debt holders never like losing money or calling a loan. Fixes are always out there, just takes a right macro mindset to get it started. Patience is the hardest part. At least the dog days of summer are almost over.
Comment by
nervous64 on Aug 21, 2017 3:07pm
Patience and time are all we have. Tomorrow makes a week with no trades. At least no one is selling at this level.