News: Mixed
Insider Ownership: 54%
Today: Down 14.9%
This year: Up ~1000%
Bottom Line: In 3 years they will either be a 10-bagger or de-listed.
I was thinking about stuff I spend money on, looking to get a little back, and notice a Blue Rhino delivery truck. Long story short (in time this time), they are owned by FGP. The stock doesn’t look attractive at the moment, but keeping an eye on it.
Good pipeline, fair financials. Looking for it to drop below $20 again.
InvesterPlace.com says “buy $54 or less”. AskStockGuru.com today says:
Retracement Trade: Consider buy when the price retraces around 48.98 if you are aggressive. Alternatively, a conservative buy would be around 47.57.
I like to split the difference and set a limit at 48.28 and an alert at 46.
Red Herring published their list this week. According to The Motley Fool’s Rule Breakers, Rule Makers: The Foolish Guide To Picking Stocks, part of follow the money is to see who the other investors are.