InvestorsHub Logo
Followers 50
Posts 6343
Boards Moderated 0
Alias Born 01/22/2006

Re: None

Tuesday, 09/02/2008 8:31:51 AM

Tuesday, September 02, 2008 8:31:51 AM

Post# of 55
I have been noticing someone appears to be buying (other then me :)) as the bid drops it seems new bids enter in the 1.60-1.65 range. It is a hard stock to accumulate a position in so it takes patients. IMHO now is a good time for someone wanting to build a significant position. In a tough period for companies in construction and rising steel prices the company seems likely to still turn in a decent profit (though Mr. Menard has stated it will likely be below last year).