First time I can remember no one posting. I guess they have all gone...I'm wondering if this is the bottom. I want to get back in, but am cautious. Terex has never made $2.03 in a quarter. I guess everybody is selling because this is a high number. If the company was confident of their results, they would be buying back their stock big timr at these levels unless they think it's going lower!
It's hard to predict the bottom here...three years ago this one was at $20. They've expanded capacity and debt in anticipation of filling global demand that might now be a pipe dream. Expenses are up and demand is slowing....not a good combination.
I was long up until last week and went short just prior to the 10% decline. I'm typically not a short term trader but the momentum was hard to fight.