QUSTION FOR MR MARKET

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  • RL
    Senior Member
    • Sep 2003
    • 1215

    QUSTION FOR MR MARKET

    I purchased BEL on Jan. 2nd. @ 21.35 since that day It has been on a steady decline. Apparently because of a secondy offering they made right after It was purchased. Im sure that this stock will make It's 15% but will take some time to get there.
    WHC was purchased on Jan. 9th. @24.05 than It was either taken over or purchased or joined The GEO Group and has been on a steady decline ever since that time. IBD has 3 year earnings for GGI at 19% and sales at 4%.
    My question to you Is Would you have chosen BEL If you knew of the secondary offering and would your models data dump gave you GGI? I want you to know that I am not questioning your choices. Just want to know how you feel about things If you had been privy to the Information?

    MR MARKET IS HUUUUUUUUGH
    Ray Long
  • mrmarket
    Administrator
    • Sep 2003
    • 5971

    #2
    Re: QUSTION FOR MR MARKET

    Originally posted by RL
    I purchased BEL on Jan. 2nd. @ 21.35 since that day It has been on a steady decline. Apparently because of a secondy offering they made right after It was purchased. Im sure that this stock will make It's 15% but will take some time to get there.
    WHC was purchased on Jan. 9th. @24.05 than It was either taken over or purchased or joined The GEO Group and has been on a steady decline ever since that time. IBD has 3 year earnings for GGI at 19% and sales at 4%.
    My question to you Is Would you have chosen BEL If you knew of the secondary offering and would your models data dump gave you GGI? I want you to know that I am not questioning your choices. Just want to know how you feel about things If you had been privy to the Information?

    MR MARKET IS HUUUUUUUUGH
    Ray,

    Good question. The answer is that I am very pleased with both of my selections.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

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    • RL
      Senior Member
      • Sep 2003
      • 1215

      #3
      To bad I don't know how to spell question but thanks for taking the time to answer. I think I know what It's like to kiss your sister.
      Ray Long

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      • #4
        BEL's secondary was not handled very well by the company, and came after repeated assurances that they would not need to have a secondary to finance expansion plans. This pissed off more than a few stock holders, as people tend to look for any reason to bitch about a CEO these days, perhaps with good reason. The bottom line on BEL is that they are expanding, and look like they will continue to grow and prosper, which will ultimately boost the stock price. I don't own BEL, but it was one of my choices recently. Instead I purchased GGI.

        Unfortunately it looks like the nice momentum that GII had was kicked a bit in the shins at their recent earnings CC. My experience with this type of low-volume, limited news stock is that it may be a while for it to regain the lost momentum, not unlike another recent success called HELE. HELE was doing great, but had a mediocre earnings CC that resulted in a similar price move and loss of momentum we are seeing in GGI. HELE, like GGI, was not a news-driven stock, meaning that the company does not constantly announce new contracts and such that can continually affect its pps. What does drive HELE's pps is results, and after holding another 3 months (patiently) we were rewarded with a great quarter and CC, and shortly after, our 15% gain. GGI's plans for expansion and growth still seem to be on track, so I would expect the same from them, which is why I patiently hold.

        -Dave

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