This stock has been pounded thanks to the housing slowdown and the increase in their debt load from their recent acquisition. A loss in the 4th quarter is factored into the stock price which should have a floor under it. As the company divests of… More
GGC overpaid for the acquisition of Royal Group Technologies in 2006. Shortly thereafter, the housing meltdown began to rear its ugly head. Now the company finds itself with a highly leveraged balance sheet of approximately $1.5 billion (a crushing… More