I have a long position in HUN. I also have a segment of this stock I trade with the swings. Makes everday interesting. HUN seems fairly consistant ranging between 9.60 and 10.30 pps. Will Nov 2 earnings increase or decrease this fluctuation ?
So far the specialty chemical companies look good going into earnings. Cytec earnings were 1.10 vs .81 per share for the estimate this quarter. No negative comments about the economy. Honeywell said business is fine in Europe with orders. Still do not see the slow down yet but chemical companies seemed priced for it. I think Huntsman is going to report good earnings for the quarter. I do believe we are going to have some write downs for the quarter such as closing the Textile business etc. I do wish we had a better management team running this company.