A cheap stock especially after company lowered guidance in Feb. and ever since institutional money has been pouring in. Why? Maybe this weeks' oil prices could help future sales. Whatever the case, institutional money (87%) is backing this stock now more than ever.
GDI quietly zoomed past its 30 moving average on double volume last Wednesday, a 100pt down day.
GDI has great fundamentals and is technically well positioned for the short and long play.
Management restraint in anticipation of a slowdown can mean better bottom line performance, especally if underestimated future earnings is upstaged by better than expected future sales performance.