My selection is Gander Mountain Company GMTN
This company had heavy inside buying in the second half of November. Current stockprice of $7.40 is less than book and price to book is way lower than the indusrty average.
The price is a fraction of sales and this too, is much lower than the industry average.
GMTN has no long term debt
Gander Mountain opened nine new stores and relocated and consolidated two
stores in the third quarter, bringing its total store count to 98 at the end of
the period. The company anticipates opening six to eight new stores in 2006,
including two relocations.
Share price has appreciated 28% since I bought it on November 28. I believe is has much more upside to be closer in line with the specialty retail industry.
This company had heavy inside buying in the second half of November. Current stockprice of $7.40 is less than book and price to book is way lower than the indusrty average.
The price is a fraction of sales and this too, is much lower than the industry average.
GMTN has no long term debt
Gander Mountain opened nine new stores and relocated and consolidated two
stores in the third quarter, bringing its total store count to 98 at the end of
the period. The company anticipates opening six to eight new stores in 2006,
including two relocations.
Share price has appreciated 28% since I bought it on November 28. I believe is has much more upside to be closer in line with the specialty retail industry.