cat don't count your logic yet. You talk in the short term. Well see where the stock is in a year - of course that might seem like infinitity to you. And book value doesn't mean much to you. the bad news is already refelcted in the stock . i rather buy a company like this than something that looks great and is about to miss earnings. And there are no expectations here. A stock that went to 90 has the potential to do it again. Not too mention the last two years hurricane season has been non-existent - a bad hurrican season will do wonders for plpc but you'll blame it on the weather. But don't have to worry about me, my picks usually do well with a few bumps in the road.
PE is already factored into the past. Maybe it will take a year to turn around but at these prices it looks like a bargain. The next earnings report will give you a good idea what the market thinks. it twill be interesting if the stock goes up on a weak earnings report becuase expectations are now so low.
thats because interest rates are zero - and there is no place to put your money. And its not where the company has been but where it is going. Ag won't be down forever and oil and gas aren't going away either.
your opinion or my opinion mean nothing in where the stock is heading. i actually think there are people who think they can move a stock based on their message board comments, which is pretty funny when you think about it.
not sure what it means if anything. makes a nice move only to sell off, then, does it again, then, sells off. Today we are back to moving up.
if it wants to be taken seriously. a 1 for 3 or 1 for 4 reverse split would get this stock on instititionals radar. 32 milion shares selling around 4 bucks is pretty dreadful. So a 16 dollar price and earnings of 24 cents with 8 million shares outstanding would do wonders for the stock price, but maybe management isnt that bright and is exactly why this stock price sits at these levels or maybe management just doesn't give a #$%$
but a new high with enormous volume sure seems like a breakout to me from months of basing in the 4s. And what was the trigger - an actual good earnings report - not some hype - so it sure looks like this is a catylst that should drive the stock price much higher in the coming weeks. We shall see.
How about this is a beginning instead of an end. A nice earnings report for such a depressed stock. its too bad you threw in the towel
sold it, So now i watch it go up without me. But you cant be afraid to take prodits when you have the opportunitity to take them becuase as you know the stocks have a way of going in the other direction.
True, but I was here when the stock shot up from 9 to 50. i was right on the money when i told people to get on the train. The company is actually in better shape now than it was back then. if they can keep the earnings consistent going forward, the stock price will reflect that. i thought the earnings last quarter were very solid, so, hopefully, the earnings continue going up from here, aided by strong demand in the spirits market.
Canadian is what America once was. We're the stupid country now no forward thinking, but reactive thinking - of course, leaving your borders wide open when the barbarians are at the gate, bird flu, the government has no clue how to handle this and we are the same country that let ebola come to our dshores - no safeguards, no nothing just hope and change.