GROS- Grossman's: A $.70 value play | Stock Discussion Forums

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Microcap & Penny Stocks
GROS- Grossman's: A $.70 value play

An SI Board Since January 1997

Posts	SubjectMarks	Bans
174	0	0

Emcee: Andrew	Type: Unmoderated

Introduction Compact

Let's get some discussion going on this undervalued play in the home improvement/building materials sector. Originally recommended in July 1996 issue of Venture Returns newsletter at $2.25, the stock has steadily declined to the point at which it is well below book value despite several positive developments, including a stronger balance sheet and announcements of personnel moves. There is a web site at bargain-outlets.com for close-out merchandise from their Mr. Seconds subsidiary. Their stores are located in a dozen or so states. Come springtime when demand for their products perks up, you may wish you owned this out-of-favor stock!

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Reply	Message Preview	From	Recs	Posted
174	Grossman1s reorganization plan gets green light from judge Wilmington, Del. -	RACm	-	12/10/1997
173	Grossman's awaits approval of its reorganization plan next week Canton, Ma	RACm	-	12/5/1997
172	Thanks - I appreciate the update. <eom>	Andrew	-	11/3/1997
171	Grossman1s net plummeted last month Canton, Mass. - Oct. 31, 1997 - Grossman1s	RACm	-	11/1/1997
170	Grossman's reaches tentative agreement to reorganize Canton, Mass. -	ken whited	-	9/17/1997
169	The lights just went out for all current stockholders of GROS. Al	Albert B. Kisselburgh	-	9/17/1997
168	found this post on another board (AOL), do not know if correct or not but inter	RACm	-	9/9/1997
167	RACm, Yes I do. But to say the least I'm somewhat discouraged. If GROSSQ do	Albert B. Kisselburgh	-	9/6/1997
166	Canton, Mass. - Sept. 5, 1997 - Grossman's Inc. suffered a net loss of $1.	RACm	-	9/5/1997
165	Earnings report reveals Grossman1s continues to founder Canton, Mass. - Aug.	RACm	-	8/22/1997
164	10 cents and climbing	RACm	-	8/14/1997
163	Grossman1s losses continue in June Canton, Mass. - Aug. 6, 1997 - Grossman1s I	RACm	-	8/6/1997
162	From what I have heard, the members of the board do have a considerable amount	Butch4327	-	8/5/1997
161	I've been rereading the last annual report and going over the SEC files. M	ken whited	-	8/5/1997
160	Well, I'd hardly say I'm getting carried away, I was just asking questi	Butch4327	-	8/5/1997
159	Don't get carried away - it's only a nickel! Probably short covering.	Andrew	-	8/5/1997
158	Well, what are we to make of today?. . . . last I heard, Grosq is up 5 cents on	Butch4327	-	8/4/1997
157	I went thru this same situation with Grant Geophysical common stock a few mont	Larry E Smith	-	8/1/1997
156	You are dreaming!!!!! The handwriting has been on the wall for sometime but we	Albert B. Kisselburgh	-	8/1/1997
155	Is anybody still optimistic about the prospects of this stock?? Is anybody thi	Butch4327	-	8/1/1997
154	A penny for your thoughts or 1 share of GROSQ WOW, one whole %&*%@! cent !	RACm	-	7/31/1997
153	When I did not think it could go lower and then it did. Who is going to turn ou	Albert B. Kisselburgh	-	7/29/1997
152	Well, I wouldn't abandon all hope, but it doesn't look at all good. I	Andrew	-	7/28/1997
151	So what can we hope for now??? Does this mean that what we own is essentially	Butch4327	-	7/28/1997
150	Just when things were starting to look a little brighter, NOW THIS !! Any prof	RACm	-	7/23/1997

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