I'm new to the board, and I've tried to do due
diligence by looking at competitors, etc., so forgive me if
I've overlooked something...
Does MLM seem to have
a high debt (80% of equity) for this industry.
Vulcan and others seem to usually be around 50%. Will
this limit how much growth via acquisition MLM can do?
MLM seems like a good value play to hold on to for
the next year, but are there any skeletons in the
closet that aren't readily apparent?
I would say it's because a good portion of demand
for this stock that would normally be there is in
tech stocks. Most of this runup in the market has been
in tech stocks and the biggest S&P stocks.Also the
hurricanes made people look elsewhere. At least until MLM
shows them good earnings from more road building. You
will need to hold it at least a year I would say. No
major moves in stock price till after the seasonally
slow first quarter probably.If you hold this stock you
will be betting that the rally in the stock market
will expand to the many stocks that haven't
participated.Although MLM has been a market favorite before until the
hurricanes. ...........I believe there has been a lot of
trading going on with the stock recently also. I'm
holding 500 shares ,in addition to my long term holdings
, that I bought at 37 3/4 I'm looking to
trade...........Finally I don't think there is much downside left in the
stock unless we have a tech wreck that takes down
how come the stock is tanking and has been
tanking in one of the biggest runups of the year? As a
(formerly optimistic) long, I'm starting to wonder whether
I should dump this POS as a tax loss and move on.