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Buy
New mergerIt has been quite a while since I last owned this stock. Traded it a couple of time in the past with good results. All were held longer than a year. Now this current merger announced makes a lot of good business sense and is being done while this sector is still down... which means SHLM has gotten a good price for their purchase. The fit in products, customer base and geographical area is a good merger between the two companies. When the economy starts to improve this will bring more money down to the bottom line to support a higher stock price. Meanwhile the market has sold off this stock and is creating a good entry point. I have placed it on my radar and will carefully track it until I cannot resist buying into it again. Yield is not bad either.... but not solid. ***PinewoodsBear*** |
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