Quote from Hydroblunt:
LOL I agree, he is a whacko flip-flopper.
You got stopped out, I thought you would. TIE is in a class of its own which is why I left it alone on an intraday basis over 6 months ago. Now I think I will leave it alone period. Too much craziness going on with that company and the whole sector (a whooping 3 companies).
Stock needs to cool off. Long term is possibly up thanks to asset inflation. In terms of titanium, the cycle is near the top, demand has pretty much hit its high. What I would like to see is whether the whole sector will go down the sh*thole like it did before. Who knows, really depends on what happens with the airline industry, how much of an effect will China & India have on airline travel, defense concerns, rocketry and the direction of the hip & joint replacement technology.
At this point I have no idea, if anything, I think it makes sense to play volatility in TIE, RTI and ATI through options. Not an expert on that, maybe I'll do more research on it.