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Look at the ask for GLGI. Currently up

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Plantmaker   Wednesday, 08/22/18 03:22:37 PM
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Look at the ask for GLGI. Currently up to 83 cents :)

Last year, same thing happened before end of year results. Went up to 65'ish, then price fell back on release of 10K. Hopefully, they have cracked the net earnings issue.

Principals/partners of GLGI now own two bigger injection molding companies - Trienda & Penda. Always a poss that they will roll them into GLGI sometime - I have no idea if so.

A few minutes on google will lead you to the pallet lease pool that buys a lot of their pallets these days. 99.99% sure it is iGPS in Florida. I wish them all the luck in the world, as this is how plastic pallets will become state of the art in the supply chain.

Back of the envelope I think GLGI has been worth $1.50 for the last year or so. I hope with better net earnings (which get dinged by the new machinery costs, which in turn imply how fast the company is growing), we can get a climb going towards a new level, but it's frustrating.

Good luck.

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