While, only down a little on this purchase. Absurdly cheap here. Value dream, momo nightmare
I have no idea what it will take to ever get this thing moving again. If it wasn't for the value of it I would cut bait and move on, as I suspect that many already have. If the company could dredge up some analyst action that would be good, however they really don't seem to care at all about the price of the stock.
Seems to be pretty much at a stand-off...nobody buying and nobody selling. I think if Wells Fargo gives more positive information on the mortgage business on Friday in their earnings, it could help us. On the other hand, if they make it sound bad, could hurt us.
I owned this stock for 8 years stayed at $2.75 - $2.80 most of that time a year ago got as low as $2.00
range at that point I added 10k to my 17k I already owned. sold most of the 17 @ 4.50 and the other 10k
for $5.50. so the stock price is about 5 bucks more than a year ago. but things here are very deceiving.
because of the outstanding quarters made 21 million more profit than the prior year . how much are these shares worth going forward with another super Qtr. just around the corner. they know they have a good thing going and would prefer to keep things quiet IMO. that's why no analyst and no information. Im sure the special divi they pay once a year is going to be higher. u can also take it in shares GLTA Longs