I'm thinking to sell my BR and keep ADP. ADP seems situated for improved growth with a higher pe. BR might perform in a year or two after establishing their name and a plan for growth. Really, I just don't know enough about BR's business.
Other views?
BR is already established. They have a long list of customers and a track record. The seperation from ADP will let them expand in areas where ADP didn't want to go. On March 16th, ADP mailed out a thichbooklet that explains all about Broadridge and their business. I know it's a lot of paper, but give it a read. You may learn that you will want to keep your BR stock.
As for me, I'm rounding up my position (READ: Buying) and I plan to keep this spinoff for the forseeable future.
Again, this is just my opinion, feel free to sell. I'm just curious, what are you planning to do with the profit? Buy more ADP?
time to clean out you barn and get rid of your ole nags and make way for some stocks that you don't have to be singing "try to remember" to stomach their results
I don't let A$$holes effect my feelings 1 way or another
"blow it out your a$$" Earth to Moron, I've been trying but you keep holding on
We'll compare my gain in it to yours in CSTH at the end of the year. If you have the Balls to show your face
I got into this 1 in the early 90's as FODEX, It became Ricx, and now it is NTRZ. I had a friend who started the company and he invited me into a PP to get it started and I bought. Just a carryover from less enlightened times. I'm holding because CEO has committed to 50m revenue in 07 with a run rate of 70m. I believe I'll do all right with it and at this point I've sold enough to get all my origonal investment out.
I've never been 1 to completely drain a position but I decided to lighten up and sold 500 shares. Unfortionatly, I should have done it yesterday. The sale was at 19.17. There is no action on options as of yet and that is my main thrust