When I last wrote about Orchids Paper Products (TIS)
in October, I expressed a lot of respect and admiration for this
well-run paper products company, but thought the valuation was a bit
steep. I'm not going to claim that I got that part right; the shares
rose another 20% or so from where I wrote and it was only a sharp
three-day drop in Orchids' stock that brought it back down again. I
still do not believe that these shares are all that cheap, but it's hard
not to like a company with a credible growth plan and a solid dividend.
Continue reading here:
Orchids Paper Products A Paper Tiger, But In A Good Way
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