At 6, this is a good flyer in kight of the company having seemed to turn around its house. If continued good earnings follow---gains can be made here in the next 12-18 months. Will remain to stay long in hopes of appreciation. They seem to understand their market and should show growth.
I'm going to wait for a breakout above $6.1/2 before I lock any money into Greyhound. I'm still a skeptic on this company. It has a nice trading range right now, so its a good trade if you can buy on the dips and sell at a profit every two to three days.It may be a good buy now, but I'm waiting to see some REAL movement and interest in the stock before it heads higher. At the moment I'm staying in high-tech NASDAQ related issues. Bus business seems like a turnaround, but I'd rather KNOW that I can make money in the stock instead of taking my chances here.
Montrealer, FYI better take the bus if you are headed for Albany N.Y. anytime soon, the Amtrak rails are washed out south of Plattsburgh from all the floods.
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