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Varchild2008 (83.96)

Nope! I did not sell my GENCOR shares today



May 12, 2008 – Comments (0) | RELATED TICKERS: GENC

And I won't sell them at all this week, this month, or next month.  I am in GENCOR Shares for the 3rd Quarter results.  I believe in this company.

The massive sell off was extremely ridiculous!  The actual current value of GENCOR should be  $24 a share.  Now it trades at $19? ... $19?????  a share?   give me a break!
GENCOR is a company that typically does poorly in the 1st quarter.  It instead did real well.  Fantastic even.  So?  The bad 2nd quarter was probably a symptom of having too good a 1st Quarter.

I'm thinking the Winter threw everything out of whack in regards to road repair orders. 
I am shocked and appauled at what has happened with GENCOR over 1 bad quarter.  Apparently, the first 6 months year to year growth was overlooked or just plain besmirched at.

I would have abandoned GENCOR in a heart beat if it weren't for the fact that GENCOR is a diverse corporation in construction and agriculture and is looking ready to expand. 

But....If any upset GENCOR investor reads this.  I emplore you to join with me in writing a letter to GENCOR asking them too initiate a Dividend.  Perhaps the best way to share price recovery after a bad quarter is the dividend.

Look at VMC for a great example!   GENCOR!  You OWE us INVESTORS a DIVIDEND!

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