Hugh L. O'Haynew's
בס״ד
Posted on August 30, 2023
Last time we traded Gibraltar Industries (NASDAQ:ROCK) we earned 2800%.
This time, our potential winnings are nearly four times that amount.
Wanna know how it’s done…?
For those in the dark, ROCK operates out of Buffalo, N.Y, manufacturing all sorts of construction-related products for builders of structures large and small.
She’s a small-cap whose stock has gotten way too big for her britches, in our view, and stands to careen lower like the old WILDCAT roller coaster on Grand Island before they shut her down.
Why so…?
A number of reasons, mostly related to the latest momentum-mania to strike Wall Street—a final curtain call before the lights are dimmed and the cast and crew share a final tearful drink before going home… for good.
Have a look at the fundamentals—
And if that weren’t enough, the bulls, it appears, are running low on ammo.
Many happy returns, all you good Jews and Noahides!
Matt McAbby
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