Good Article in yesterday's USA Today about the
huge need for new schools, and for the remodeling of
the old ones. Lots of pictures including some
portable classrooms. The article stated that many
districts use and will contiue to use these portables as
school boards and city councils traditionally move so
slow on new build issues. Seems to be a nationwide
problem, so with MODT expanding acquisitions this should
open up more of the US market.
The cancer is manifest in pocket lining! Can it
be cut out or treated? To board members who truely
have MODT's best intrests at heart,"Look what the've
done to your company"! They are the smiling Devil in
cognito!! Open your eyes!
My two cents says the clasroom air quality
question IS affecting this stock. Worst state in the Union
for bad press like this. It's been around for awhile
now and has been argued pro and con on this thread,
but, no concensus or positive comments from official
sources. If I could see comments about a plan going
forward I would feel better about buying more at these
levels. Am I wrong?
Maybe, we will have some idea where the company
is going with the today's earnings
You would think if it hits the "whisper" number of
$.34 and beats the estimate of $.32 that we should
have an upward pop over the next week.
understand the reason for this stock to be dumped, but if
they are meeting projected earnings, this stock can
not stay at $5.00 based upon next years projected
earnings of $1.44 or a PE of 3+. What do you think?
said that earnings should be out on 10/29, so if
this is true we will get the (hopefully not bad) news
tomorrow. Selling at this time of year can be done for many
reasons besides anticipation of poor earnings,
particularly in a thinly- traded stock like MODT that has done
so poorly price-wise. My view is that at this level,
the news would have to be pretty bad to drive it down
further, but at $5, if it does go down, option problems
could send it down steeply.
Best scenario: The
general fear that "something must be wrong"("where
there's smoke...) is keeping buyers out until they
receive some assurance that the company is okay. Turns
out that the company IS okay (I have seen no factual
evidence to suggest otherwise), earnings tomorrow handily
beat expectations, and the stock soars. Nice fantasy
anyway--let's hope. :-)
"While the drop could relate to leaked info
regarding upcoming earnings (or lack thereof),
Billjk, this is also wy concern. I also bought a little
more about a week ago. But there continues to be
significant selling. Do sellers have information we don't
have? If earnings release is a negative surprise...
to read the Motley Fool message board for MODT
but it was much slloowweerr than the Yahoo board and
I gave up after a couple of messages. The ones I
read were much like here--kind of unbelieving that the
price could go so low.
I don't see anything
wrong with MODT at all--good fundamentals (except for
debt, which is still far below the S&P average), and a
market that should continue to grow. Kind of wish the
Miller merger had gone through--looked to me like a good
match--but agree with other posters here that the low share
price probably was a factor in the deal falling
Bought another 1,000 shares today at 5 1/2, averaging
down. While the drop could relate to leaked info
regarding upcoming earnings (or lack thereof), it could
just as well be only a reflection of the overall
weakness in small/microcaps, which should be diminishing
as tax-selling and portfolio dressing slow down over
the next few weeks. If this is the case, any kind of
favorable earnings report (or even just a lack of negative
news) could cause a nice spike up. I don't see how
value funds can resist buying at this level-- stock
must have just fallen off radar screens.
think the longs who tough it out now will be pretty
glad they did a few weeks/months down the line. Good
luck on your investments.
I think I first heard about this co in "Fortune"
Wasn't it one of the 100 listed a couple months ago that
were most likely to succeed in 2000?
,"What can I lose on 100 shares at 8 1/4?" Well, it's
just turned out to be the biggest loser in my
Just for fun read the message board for MODT in