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MOD-PAC CORP. Message Board

  • polkovnik polkovnik Jun 24, 2010 4:41 PM Flag

    Looking forward to next earnings

    I've been quietly acquiring shares over the last year -- not a huge holding, but one I think will perform well for the next several quarters.

    Overall, I'm bearish on the market... short the S&P (via SDS), but adding to positions in a few names I think will outperform. MOD-PAC is small, but management is doing the right things. As long as they stay on course, I'll be happy to help support the stock price.

    Shares are easily worth $8 today, based on book value of almost $7 with improving fundamentals. With a couple of good quarters, we should have no trouble getting north of $10.

    Be patient and resist the urge to sell due to general market fear. This one is a keeper.