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TriMas Corporation Message Board

  • daddybyday daddybyday Dec 16, 2010 3:07 PM Flag

    Why are we getting hammerred?

    Just wondering if I'm missing anything. I've checked out news headlines, don't see anything negative, but we're down about 4% for the day. Just wondering if I missed something significant (always a possibility), or if anyone has an idea why we're getting hammered today?

    Thanks,
    Tom

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    • I second that.

      I've been searching briefing.com and several other news services and can't find any news concerning TRS anywhere.

      We had twice the normal daily volume today so it would appear this was institutional selling, signaling a distribution day and possible momentum change.

 
TRS
30.37+0.87(+2.95%)Mar 27 4:00 PMEDT