I bought some shares at $5.98 and intend to hold them. I might even pick up some more if it drops substantially. I have faith in the company for the following reasons:
1. They have invested substantial sums in the business. This will, hopefully, lead to growth.
2. The last financial report showed a substantial profit which in the current environment is great to see.
3. As the economy gets back on track and Asia continues its rise, this is a good time to be in a freight company.
4. It's currently below its historical peak of around the $10-mark.
Long term, I think its prospects are good, but it's still disappointing to see it cop a beating. Good luck with whatever you decide to do.
TOL Price at posting:
$5.88 Sentiment: LT Buy Disclosure: Held
