Post by
Smugly on Jun 25, 2015 12:35pm
This is Getting Frustrating
I really like this company alot, but you have to admit it is getting frustrating. I called Investor Relations again and was assured that nothing is wrong with the company; their balance sheet is intact, they have awesome assets and sound management. He said he doesn't think it can go much lower than todays low, but he really knows anything anymore. From what I gather; a fund wants out and this is a buying opportunity, but the funny thing is, I thought last week was a buying opportunity after they where taken off the index. If I keep buying I am going to end up having all my eggs in one basket and that is not good, but the tempation is overwhelming not to.
GLTA
Comment by
devoit on Jun 25, 2015 1:01pm
100% agree. It's tough not to want to buy at these low, extremely attractive levels. The company has a solid balance sheet. Gross and net profit margin well above the industry average. Fantastic ROE in comparison to the industry average. P/E and P/B both indicate a very undervalued company. Everything looks fantastic.