I have a friend who works in finance and his firm was really high on them. We discussed investing on Tuesday and early Wednesday. I was a bit weary because of the 50% drop over the last 6 months. Apparently the reason for the massive drop in value was because of an attempt to diversify and make their business a bit more sustainable during a recession. CWH specializes in RV sales, so they actually bought up a smaller competitor and a camper insurance business. It appeared have bottomed out, however I decided to play it safe and wait for a little more confirmation that a reversal was in place. Well, on Wednesday it bolted up 10%, at which point I bought in at 21. Yesterday it surged an additional 20%, red market be damned. Their financials look solid, and I'm pretty optimistic about their future. Again, full disclosure, I do have a small position.
Submitted June 08, 2018 at 08:07AM by hibbert0604 https://ift.tt/2xUrDEU
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