We are presented with a very low risk buying opportunity right now. James Cullen from the collegeanalysts.com blog also agrees in his post: An Early Black Friday Sale.
I've been long USG for a whole year now. I'm down about 20-30% from when I first bought the stock, but have double and tripled down along the way. The downturn in the housing market is the proverbial perfect storm. USG should ride this out fine and in 2-3 years all this will be behind us.
Also read my initial analysis at my old inactive blog.
3 comments:
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