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Re: Beasy324 post# 69

Wednesday, 01/22/2014 11:29:50 AM

Wednesday, January 22, 2014 11:29:50 AM

Post# of 120
In the next month or two GSE's share price will move, the direction it will move really is the question.

Depending on the sale I could see it anywhere from .20 - 2.50.

Personally I have a small position that I plan on holding for the short term. If we get positive news on a sale my position will change.


The following excerpt from Moody's seems to be the most telling in regards of both scenarios.

"The required sale in the current challenging operating conditions lowers our recovery expectations.

The short time frame (letters of interest must be submitted by February 21 and the sale must be completed by March 31, 2014) could lead to lower bids than one without the time pressure.

Still, the company is the leading global supplier of geo-synthetic liners used in a mix of end markets, including solid waste landfills, coal burning power plants, mining, hydraulic fracturing, and others. The company's sales are well diversified globally, particularly for a company of this scale."

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