GOODERSON (GDN) a Buy! 1) Funamentally Gooderson is looking good, it's trading way below it's Price to book therefor is a value investors pick. They have just released a very dencent set of results considering the financial crisis we have just been through (or are still going through). 2) A good sign is that the director recently made his biggest purchase yet if investing 1,375 million 3) They have great prospects with 2010 on the way as they are in the right industry to benefit and well situated 4) There is the added bonus of a very decent 6.42% divided you will receive (LDT 19 June 09) 5) Technically it's set up well for a bullish breakout, they are just bouncing off a low where the director bought in. A triple crossing of the MA's has just occurred. RSI and Money flow index is turning up. Finally the biggest clue, take a look at the massive volume increase over the last 2weeks. The last time we saw volumes anywhere close to this for Gooderson was in August 2007 just before a bullish breakout. 6) Share Tips Recommendation helps confirm others have the same sentiment. Use it, dont use it, but I strongly feel this penny stock will see a nice recovery in the coming days/weeks while also making an excellent long term investment should you want to hold.
