I'm still here too. It reached my expectations on this run, however I see no compelling reason to sell. Noticed in the Inider reports that there were a couple of options that were excercised, but not sold or just enough was sold to pay for the excercise. Seems like others are holding tight too. I still like it and PE is not overly bloated. I like the long term prospects. I should have bought some more earlier this year when it was really cheap. Shoulda, coulda, woulda.
Just so there is no confusion, the Amen was for Lex's reply. The guys at the Alamo didn't live to fight another day.
Oct. 10th opening gapped up from $6.75 close to $6.91 opening. Gaps usually fill. If I was going to add; I would look for a bid to fill the gap. It isn't too far below, so it has a good chance of filling. On the other hand, This stock was held down for a long time and the shorts are finally losing. That gap could stay unfilled for a long time. I've been long for a few years this stock is finally getting to be where it should be priced. If you are not trading, then it is a good price today as well.
"Not I" said the grinning cat. I think fair value based on P/E is a good six bucks more and that excludes what the 150k foolish short shares do to it when they try to cover. As of yesterday's new high, there isn't a single short share that is not under water. The insider sales are nothing to worry about.
When the demand increases again for the particular chemicals; they will be looking very good. They have a good edge in energy costs. Depressed building and construction materials market has been keeping demand down for the chemicals.
When the shorts linger too long here, I will be LMAO while I use my warrants before they expire.
I like my shorts roasted long and slow with a flash char at the end to burn in the sauce. Never take them off the heat too quickly.
If I was an attorney and had a name like that; the first thing I would use my law degree for would be to change my own name.
The fact that they are sort of unhinged seems to be providing a nice stable platform to provide a consistency of dividend. That divy is pretty nice if you are sitting on older shares. I have mine set to DRIP and have no complaints.
Nice volume today. I doubt there is a single short out there today that isn't wishing they had covered 9 bucks ago. The dividend payout just puts salt on their wounds. Lots of cash for another good accretive acquisition sitting there. Shorts held on according to the last reporting. Covering is going to be pushing it up.
They are doing a good job of promoting firearms and ammunition sales. I just pulled out a 100ct. box of .22 LR's to get rid of a pesky squirrel gnawing a hole in my siding and saw the price sticker of $4.16 on the box. I made a mental note to fill my wallet at the ATM before going to buy another box. The most annoying thing is the low stocks of ammunition at many of the typical places. The commentor above that mentioned the run continuing even after the demand dies down was very correct regarding restoration of store stockpiles.
If you inherited it, you are in at 0 dollars/share cost basis. There was some good advice above. It is hard to say where it is going, but I feel that it is a long term hold and currently undervalued. You really have to do your on DD and remember that this is purely a message board. Certain posters provide good information and discussion. Read the discussions and be wary of the serial posters that don't promote any real discussion of substance with their posts.
47,368 shorts covered during last half of December. 25% of the remaining position. 145,000 short shares left as of the end of the year. The dividend did it's job.
You are referring to the "Credit River Decision" Township of Credit River, MN