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Huntsman Corporation Message Board

  • zoomlik zoomlik Jan 3, 2009 11:43 AM Flag

    once Q4 results comes in, if not too much of a

    disaster, the stock should start a sustained move up

    Q4 is going to be one of the worst if not the worst because:

    - low oil prices benefits are not there yet ... i read somewhere that it take 3 or so months for them to see benefits of lower oil prices

    - Hun's customers have been working off existing inventory that they had as demand droppped. so hun's sale are going to be hit pretty hard in Q4

    what is keeping the stock down is not knowing just how bad is Q4 results going to be ..

    once this uncertainty is gone, i think we will go up in price

10.68+0.32(+3.09%)Oct 2 4:03 PMEDT