Clark Holdings share prices have dropped from $7.86 on Feb. 6th 2008 to their current price of $1.60 a share. While there is considerable risk in their logistics services and transportation management, this could very well be an undervalued stock, due to the volatility of gas prices. While the future is not predictable, a new CEO can possibly push GLA forward for a slow rise back to their former position as a steady stock price of ~$6+ a share.
Their losses in last February ('08) can be accounted for the unstable economy at that time. While the economy has certainly not stabilized to a safe point, I think that it's a reasonable assumption that the new management (notably Gregory Burns) can adapt to the changing markets in the next few months.
I suggest setting a low selling limit order ($3.00) to assess the competence of the new CEO and to assess if GLA can adapt to sporadically rising (and falling) oil prices.
In 6 months, however, the variables are too hard to predict. Barring any major world event (invasion of Iran, embargo from China, various other slightly possible situations), GLA should be able to weather the current recession after this setback, and rise to their former prominence.
On a side note, don't get GLA confused with GLA.U, also trading on AMEX (Global Logistics Acquisition Corporation.)
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