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Stock impact report

Great Lakes Dredge & Dock: 'Nowhere To Run,' Except Possibly Over Here [Seeking Alpha]

Great Lakes Dredge & Dock Corporation (GLDD) 
Last great lakes dredge & dock corporation earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: gldd.com
Company Research Source: Seeking Alpha
SummaryThe US dredging market is very protected from foreign competition through the 1920 Jones Act and the 1907 Dredge Act.Great Lakes Dredge is the leading dredging firm with a 42% market share of projects within its expertise. Great Lakes Dredge and 4 competitors comprise ~85% of the US.Management has successfully sailed the company off the rocks after a shaky 2014 to 2017.Looking for a “port in the storm”? Aren’t we all? I have found what I believe is an interesting place to put a bit of my larger-than-usual hoard of cash to work. Little known Great Lakes Dredge & Dock (GLDDInvestor Walter Thornton trying to sell his Chrysler Imperial “75” Roadster for $100. Source:famouspictures.orgWhat is dredging? It is the process of moving the seabed from one location to another. This includes harbor and waterway maintenance, coastline restoration, and offshore construction projects. My article from Nov 2019,“Great Lakes Dredge & Dock: Underfollowed Civil Construction Firm With Multiple Long- Show less Read more
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