Is Buying Goodfellow Inc. Here a Winning Strategy?

 Is Buying Goodfellow Inc. Here a Winning Strategy?

The stock of Goodfellow Inc. (TSE:GDL) is a huge mover today! About 25,000 shares traded hands or 284.97% up from the average. Goodfellow Inc. (TSE:GDL) has declined 14.83% since April 7, 2016 and is downtrending. It has underperformed by 20.98% the S&P500.
The move comes after 6 months positive chart setup for the $84.55 million company. It was reported on Nov, 11 by Barchart.com. We have $23.50 PT which if reached, will make TSE:GDL worth $114.14 million more.

More notable recent Goodfellow Inc. (TSE:GDL) news were published by: Marketwired.com which released: “Goodfellow Inc. Announces the Signing of a Letter of Intent to Acquire Quality …” on October 16, 2015, also Marketwatch.com with their article: “Goodfellow Announces Delay in Filing Its Quarterly Financial Statements” published on October 13, 2016, Marketwired.com published: “Goodfellow Announces the Resignation of M. Richard Goodfellow as Director of …” on December 01, 2014. More interesting news about Goodfellow Inc. (TSE:GDL) were released by: Marketwired.com and their article: “Goodfellow Announces the Retirement of M. Richard Goodfellow on November 30, 2014” published on June 13, 2014 as well as Marketwired.com‘s news article titled: “Goodfellow Reports Its Results for the Fifteen Months Ended November 30, 2014” with publication date: February 11, 2015.

Goodfellow Inc. is a Canada-based company, which is engaged in the remanufacturing and distributing of lumber and hardwood flooring products. The company has a market cap of $84.55 million. The Firm is engaged in the wholesale distribution of wood products, and remanufacturing, distribution and brokerage of lumber. It has a 10.38 P/E ratio. The Firm offers products, including decking, flooring, lumber, insulation and sound proofing, panels, siding, and specialty and commodity panels.

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