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Vulcan Materials Company Message Board

  • kbloisab2 kbloisab2 Mar 13, 2010 1:58 PM Flag

    CLUTCHING AT STRAWS

    VULCAN'S financial problems are truly massive.They will never be resolved by government hand outs or financial stimulus in Alabama or in other states.

    VULCAN has three billion in unpayable debt and four billion of smoke and mirror assets on it's balance sheet.

    Wall Street is desperately supporting the price in a vain effort to staunch the blood.

    VULCAN is a text book case for shorting this over priced pile of hyped dung.

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    • 4X the volume today.
      VMC Up almost 7%

      WHY?
      "The battered Building-Cement/Concrete/Aggregates
      industry group vaulted about 5% Wednesday after the Senate
      approved a jobs bill that included a $28 billion dose of
      highway spending."
      "Now that they do (have that funding), there are a lot of
      dollars that are going to be squeezed into this pipeline in
      the second, third and fourth quarters," said analyst Ted
      Grace with Avondale Partners.
      The Shorties are running to catch this stock.

    • When it reaches $65 I'll think about shorting it. Talking about shorting in the $40's is irresponsible.

 
VMC
107.63-1.05(-0.97%)Apr 29 4:00 PMEDT