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Thursday, September 8, 2011

a word on DNDN

Since the 60% drop, I have been looking at DNDN closely.  The stock is still a 'show-me' story, and with the info coming out of the conference call, there were positive signs.  I liked that August was a relatively strong month.

I am not to fond of the lay-offs, and if demand picks up, as August would suggest, the lay-offs probably did not need to happen. And they need to get their EU strategy in order.

So long as the company keeps showing good results, the stock will continue to rise in sympathy. (But because its a show-me story, right now, the street is not trading off of 'projected' returns.)

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