Oct. 28 at 4:59 PM
$OLN
People are sadly mistaken if they think this is going to go back to old days when it was trading in the
$40’s…
The balance sheet is in much worse shape and the key ingredient that drove this higher was Pricing, they controlled pricing not anymore w the amount of “new” supply that’s on the market. This “value” approach is clearly not working in fact it’s getting worse. There’s no magic bullet here ….the only thing keeping this from the mid teens is the dividend which at some point will be cut contrary to what they say. These are the same nitwits who were buying back tons of stock in the
$40’s and
$50’s..They don’t even know their own markets
