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Granite Construction Incorporated Message Board

  • kblab2 Apr 18, 2013 12:44 PM Flag


    GVA is owned and controlled by the Wall Street Hedge funds. They support the price by wash trading. Of course several funds know the financial results before they are made public. This is a common thing for controlling hedge funds..Irrespective of the stock price we [ our 8 person investment group ] estimates the underlying value of GVA iess less than $10.We don't know if GVA will ever hit $10, but we are sure it is not worth $28 -- thus our many short plays that have produced nice seven figure profits.

    The decadal recessions of the 60's, 70's, 80's 90;s and early 2000's were just " warm ups" to what the heavy construction industry has been experiencing over the last 5 years. Profitds are almost impossible. Therefore, GVA radically changed it's accounting system under the regime of the now departed CEO-- Ole Deadwood Dorey making it difficult to understand the published financial results.

    We see GVA as a great opportunity to make consistent shorting profits-- while mouthy losers like you post with nothing to say. Stay an ignorant LOSER -- WHO CARES?"

42.91-2.62(-5.75%)Jun 24 4:02 PMEDT