Wednesday, December 28, 2011

ta



Oh, yeah, this is the truck stop chain. Cool! Very substantial revenues, holding steady. Fairly substantial losses (1% of revenues) for four years, showing slight improvement. In 2007, income was 96 million dollars, or around $4 a share.
I just think this is a good long term play, at a very reasonable price. In 2007 it traded at $40 a share (10 times earnings). I expect it to go back there. There's a possibility we'll see it back there SOON. Then we will probably see it go higher, over the years.

This is not, actually, an ultra-cheap stock. It does seem like a good conservative play. The long term chart suggests a sharp rally is imminent, too, as of this writing, December 28, 2011.

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