Seeking Alpha

Aaron Adams » Comments » LXU

  • Gencor: Growth Stock, Capitulation Opportunity [View article]
    You're missing a few crucial points in your article. You completely left out the role that the resignation of Lloyd Miller from the board of directors played in the fall of GENC today. He's an activist investor and the stock had done very little before his involvement. When he got himself on the board this stock tripled in a few months. With that catalyst gone the stock should go back to the low teens. You mentioned LXU and ARTW - those two had huge volume selloffs and dropped another 30% AFTER the high volume panic selling. So you'd still have lost money if you bought the day AFTER the first selloff. This stock will have a bottom like those will but we're not there yet.
    May 12 18:03 pm |Rating: 0 0 |Link to Comment
More on LXU by Aaron Adams
Comments by Ticker
Aaron Adams'
Comments Stats
3 comments
Rating: 1 (1 is - 0 )