I re-evaluated my position last week and decided to sell at $2.70. I thought the represented good value given the PE ratio and likely growth this year. i'll be looking to buy back in at 2.20-2.30 range, as I think this stock will be a decent performer over the medium term.
To push past the 2.70-2.80 mark the company needs to grow earnings. i'm hoping they will consider expanding into new fish types but not show how difficult that is (R&D/Knowledge, Initial capital inv). i'm sure the profitability will be there for some fish types.
TGR Price at posting:
$2.52 Sentiment: Hold Disclosure: Not Held
