The price of LUM is getting closer to the point where some serious thinking needs to take place.
I have a habit of shedding shares as we move along down below a certain price. (contrary to some who buy more to average).
However, I still have some left. The question now is do we buy more?
Some would say that it may be justified, others will say it is reckless. Of course I have heard it all before over the years I have been in the market.
There are 3 important items to consider:
They have the world's best technique. They will have enough cash till the end of year approx. The NY Times Square and its benefits are too attractive propositions to walk away from that easily.
Something to think about.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks.
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Held
