Mmmmm0000e: As a LTH I have been adding to our holdings at what I believe to be a significantly undervalued stock based on some simple metrics, in particular its prevailing PE which to be justified will need a major loss of earnings. It's clear its last quarterly disappointed the market and some retreating in value was justified as there was an assumption the TTR and earnings would continue to grow during the current quarter (they still may), however a 20% loss to my mind is irrational and I see this as an opportunity not to be missed. NB typical PE of travel stocks generally range 20-30!. Anyway those are my thoughts I,d be interested to know why you think such a reduction is justified. DYOR
HLO Price at posting:
$2.19 Sentiment: Buy Disclosure: Held
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