Great Lakes Aviation: A Penny Stock Worth A Second Look

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Rupert Hargreaves
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Updated on

Great Lakes Aviation, Ltd. (OTCMKTS:GLUX) is possibly one of the smallest companies I have ever looked at. The company’s current market capitalization is $8.5 million and the company has an average daily volume of only 12,000 shares. What’s more, Great Lakes is a penny stock, trading at $0.95 as I write this. Great Lakes Aviation, Ltd. (OTCMKTS:GLUX) is a regional airline operating from hubs in Albuquerque, Denver, Los Angeles, Las Vegas, Minneapolis and Phoenix. The company is an independent carrier and a code share partner with United Airlines and Frontier Airlines. This multiple code share allows customers to book flights…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk