Varchild2008 (84.39)

The ROAR of the GENCOR! $23.655 is GENC's true value

May 20, 2008 – Comments (1) | RELATED TICKERS: GENC

Shares of GENCOR fell and fell and plummeted and crashed and died....end of the world for the GENCOR!!!!  from $32 to $15.40 a share.  Crrrrraaaassssshhhhh  Sell!  Sell!  Sell!

Of course.... Being the *FOOL* that I am.... I didn't sell.

Now it would have been smart for me to sell prior to the earnings report and then buy back in on the Dip.

Did I?????  Nooooooooooo....  I had to be on a stupid..... exhausting....month long business trip and I did not even know Gencor was having an Earnings Report on the last day of the week!

Aaaarrrrrgggghhhh!!!!

But, I am growing a little more experienced and smarter in the stock market.
 
The 1 thing that defeats any sell off of a stock....   The one thing that one needs to realize before taking your losses and going home to your mommie is the NEWS!  I read and knew GENCOR through hours of strenous research on the company.

I researched Gencor so much that I am so confident in my faith in this company that I will stay invested in this even if it dropped all the way to August....All the way to .000001 a share.

The truth is I value this stock far more in the NEXT earnings report.  The one in which WINTER and other craziness of the 1st quarter is less of a factor or not a factor at all.

Granted, oil prices are going up and GENCOR's Expenses are going up.  But it has over $60 million in cash to place into investments.  Everyone thinks GENCOR's skyrocketing share price was solely based on LLOYD MILLER the activist investor.  I think at best LLOYD accounted for 50% and no better.  The other 50% was GENCOR's 2007 investments into synthetic oil manufacturing plants.  Those plants are discontinued.... the 2007 investment tax whatever has come to an end.

So the stock drops....drops a lot...frighteningly so...

But.... It bottomed today! And the bottom was at 50%.  The value of the stock has increased 50% since Jan. 1st at the value it is today.

Given GENCOR's $60 million to invest into something else that could bring big revenue for GENCOR.....  I have plenty of reason to expect GENC to arrive at another 50% gain in its share price or  $23.655 a share.

Therefore, should GENC start heading towards $23.655 a share... Buy in before it does and enjoy the ride.