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PH Glatfelter Co. Message Board

  • talbert744@sbcglobal.net talbert744 Feb 17, 2009 3:40 PM Flag

    looks like a buy

    i may put in a bid today at 6.45 i doubt it will go lower. i have read most of the negitive comments and see this as one of the best in there area is anyone out there agreeing this looks like a bottom..................

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    • Did you place your GLT order @ 6.45? If you did, it got filled as GLT went < 6.25.

      Care to call the bottom? When markets in a selling mood, this is not rational buy/sell. You can get bargins and at least get a double if you hold for a 2-4 years? On the other hand, stocks can also go to 0. Might be years before GLT sees double digits?

      Paper stocks as they relate to the housing bust, has lost more than the index (see WY, TIN, PKG, IP, JJSC=Chapter 11).

      Takes guts to buy GLT at these lows. Not bad earnings report, but that was an excuse to sell. Or, was it just bad timing when market tanked?

      Anyone see the light at the end of the tunnel? GLT turning into a microcap stock.

 
GLT
22.14-0.07(-0.32%)Jul 2 4:00 PMEDT