Quote from HolyGrail:
I've shorted this stock for the last few months. I shorted it at 36.10, and added to my position at 30.30, 29.32. I covered at 23.81. I've had some great profits shorting.
I shorted again at 27.23 this week but I am not confident as the stock looks like it is picking up some momentum. This stock has the potential to make it down to 14, but the momentum players won't let it die so I will probably cover my position if it climbs above 29.
Quote from iceman1:
10-04-06 04:55 PM
Anyone trade this stock ? If so do we see >35 by Dec 2006?
Lots of insider buying in August/September! Earnings October 23
regards,
iceman1
Quote from iceman1:
might be a long wait--- its been in an uprend since 2002
Quote from HolyGrail:
All metal companies have been in an uptrend since 2002. Tie is a little different because it is more tied to aerospace than the general steel market.
Metal companies are never considered growth companies. Tie and all metal companies are currently trading like growth companies which really shows that the stock market is desperate for winners right now. When and if the nasdaq moves forward with a vengeance these stocks will crawl back into their little holes not to be heard from until the next cyclical upturn.