Tie

does TIE trades >35 by year-end?

  • yes

    Votes: 12 57.1%
  • no

    Votes: 9 42.9%

  • Total voters
    21
called company to find out earnings date; they say it has not been set but they intend to file on or before Nov 9th.
 
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.

you gonna hold or cover? If it wasn't Q4 and if metal stocks were not moving higher I'd hold shorts but given seasonal and sector it "could" go much higher... witness PD; never thought PD would trade to this level in October.

my poll asked would it see >35

(p.s. just saw that you covered)
 
Personally I don't think this stock will make it to 35 but it has a great shot to make it to 33. According to Zacks they will report earnings on Nov 8th.
 
Quote from HolyGrail:

Personally I don't think this stock will make it to 35 but it has a great shot to make it to 33. According to Zacks they will report earnings on Nov 8th.

thanks

their recorded announcement is saying they have not set a report date
 
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

well it hit 3378 on 10/25 from 2320 lows on 10/3!

earnings today "missed" by 2c but only 2 analysts-- seems peculiar only two analysts follow the stock. If the market stays strong I think the stock could continue to climb given technicals and insider buying. i think 40 is doable

opinions?
 
It's a small company with a small float, and when the metal bull market ends this stock will go back down to almost nothing. IMO, that is why you only have 2 analysts following it.
 
Quote from HolyGrail:

It's a small company with a small float, and when the metal bull market ends this stock will go back down to almost nothing. IMO, that is why you only have 2 analysts following it.

might be a long wait--- its been in an uprend since 2002
 
Quote from iceman1:

might be a long wait--- its been in an uprend since 2002

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.
 
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.

interesting thoughts... thanks
 
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