But someone kept out bidding me. I placed my bid at 14.50 and someone bid 14.51 and they kept buying on the ask all the way up to 16.30 the following day. I refuse to chase a stock and now i am glad i did not buy any shares! Looks pretty weak now. I will wait until she falls below 10.00.
I have been watching this stock for some time. I think the long term this will be a power play as the economy slows down this company will gain traction and steam ahead. This company has come around from the dismal days of the 80's. I see this stock moving to the $15.25 in the coming 6 wks. Anyone else have insight on this company ??
Someone just drastically reduced their earnings estimates for '08 to 1.17!! that is a far cry from the 3.00 that was projected just a few months ago. The market must agree that something isn't right with ZINC