I have been holding a number of shares of Generac stock for quite a number of years now as part of my long term investment portfolio. I really like the value position of this company with a PEG of just 0.99, net profit margin of 30.14 % , Sales Growth of 33.60 % , and Income growth at +431.40 %. I have always considered Generac a solid long term investment, and have never been disappointed.
I have been wanting to purchase more stock but with the recent Hurricane Sandy , and winter storm speculators pushing the stock up to an exceptionally high ceiling I felt it was overvalued.
Yesterday I finally got my chance. Generac posted exceptional profit and earning statements outperforming wall streets expectations. As expected, Short term investors /speculators immediately started a sell off to pocket short term gains. I was able to take advantage and sell a portion of my existing shares on the very high in the AM and re-acquire over double the amount of shares for the long term on the very low just before the PM bell closed.
(I was even able to pocket a bit of hard cash for a future new rifle in the process.).
As of this am It's already heading back up. Thank you greedy speculators. Just doesn't get any better than that.
Whoohoo!!!
I have been thinking , Perhaps there is a good place on GBO where those interested can discuss their stock interests?
