Q: In an earlier question, you said let GSY settle down and it is a buy at $170. Well here we are and is this a screaming buy?
Thanks
Thanks
5i Research Answer:
We don't like the term screaming buy as it implies no risk, and there is always risk. It is difficult to buy a stock in decline, but we would be fine now chipping away at GSY on the buy side. We would see no rush but investors could start a position and be more aggressive into further declines.