This stock has been pounded thanks to the housing slowdown and the increase in their debt load from their recent acquisition. A loss in the 4th quarter is factored into the stock price which should have a floor under it. As the company divests of… More
Fools bullish on GGC
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GGC overpaid for the acquisition of Royal Group Technologies in 2006. Shortly thereafter, the housing meltdown began to rear its ugly head. Now the company finds itself with a highly leveraged balance sheet of approximately $1.5 billion (a crushing… More
Fools bearish on GGC
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