In 4-5years this stock will go to $100 but not right now. However if they continue to make small profits they are in good shape. They will reduce their debt & start to repay 700million they owe. They have little in short term debt so it's under control. Judging by their earnings over the yrs they have bottomed out. Wallstreet does not know about this company. There are only at the most 3 analysts covering this company mostly J.P Morgan. Other than that I'm sure if you asked a broker what Georgia Gulf is most would say huh what's that??????? Less than 400 shareholders I think 397 to be exact the last time I. checked average volume less then half a million market cap under a billion. Maybe a while ago more people knew about it but not right now.
Right now it's short term which is why I'm playing it. It is not a long term hold because the housing market hasn't recovered yet. But when it does this stock is going to fly. Earnings should be good due to better housing news higher commodity chemical prices & low natural gas costs. I'm looking to sell around $22 a share & get back in around $13-15 a share. I believe we are going to have a big pullback in the market so I'm in a selling mood.
The main threat to this company is a double dip recession which could mean they go under but most people don't think that's likely
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