Seems like as good of time as any... Added almost 30% and happy to do it. Impressed with the call yesterday. I liked the fact that the Utah operation purchase is fully funded in the first year and totally paid for in 5 years. I also liked the projected cash flow increase at year 2 and beyond. I will take that type of return all day long. I believe that they said that the deal will be done near the end of the year?
bought another 500 shares at 20.38 and sold the nov 21 call at 50 cents. so the worst for me if it keeps dropping is 19.88. my problem is i've taken a shellacking on other upl positions. hoping for a cold winter. this stock has great potential and we'll see value this winter.
Well, make that almost 70%.. definitely grateful to buy in the low 20's. I don't think most people bother to look beyond Yahoo's summary page to get their information on this company. That's ok though. Sooner or later, they will update the BV, ROA, and ROE for the 30,000 foot investor/traders. IMO