W.R. Grace & Co. (NYSE:GRA)

CAPS Rating: 3 out of 5

The Company is engaged in specialty chemicals and specialty materials businesses on a basis through its two operating segments, Grace Davison and Grace Performance Chemicals.

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Player Avatar wax (94.69) Submitted: 9/30/2006 2:06:01 PM : Outperform Start Price: $13.22 GRA Score: +292.76

My reasonable value estimate is $48. I currently own shares of this stock.

Wax

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Member Avatar wax (94.69) Submitted: 2/10/2007 9:53:56 AM
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Yesterday I sold 200 shares of WR Grace and Company (NYSE: GRA) at 23.72, reducing my cost basis from $10.98 per share to $9.173 per share. Selling those shares also reduced my cash basis from $10.98 to $2.52.

I still believe that a reasonable price target for the stock is $48. At the moment, the price of the stock is almost half way there. If it can get to $48, and that is a gigantic "if", based on the cash I have left in the stock, and allowing for commissions, I will put around $13,631 in my pocket.

That means that I would have spent $5,490 and received $19,119, a 348% return on my cash. But the market is a fickle place, stuff happens. So while I'm optimistic, I'm also realistic, which is the reason I sold 200 shares yesterday.

Wax

Member Avatar blitzed28 (< 20) Submitted: 1/10/2008 3:37:29 PM
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WR Grace Director Sells Stock 1.2 mil shares sold just one month ago.

SELL IT!!!

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