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The Goodyear Tire & Rubber Company Message Board

  • A Yahoo! User Jan 2, 2013 4:14 PM Flag

    Back in Late October peopled hated this stock and now it's all of a sudden great. What does next month bring?

    Stupid, sick of people saying "Sell Sell Sell" and they hate a particular stock and then like 2 months later it goes up 20%. Makes no sense to me...

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    • All you need to do with this one is LOOK AT THE MAX. PRICE CHART! If this is not a TRADING STOCK , then there is no trading stocks........................................go back 25+ years on the stock price........................................................................................good luck with your picks sir!

      Sentiment: Hold

    • Lots of negative press around the time they released their last earnings report - so a few weak hands folded and sold off their holdings in the 10's and low 11's. Obviously, in hindsight, that was a mistake because, as you said, the stock is now past 14. Part of the rise may also be because of a developing short-squeeze - there is plenty of short interest in GT. S&P has a 12-month target price of $16 on GT and given the momentum we are seeing, it is likely to climb higher in the next few weeks leading up to the earnings report on 2/11. If that report beats estimates, and if the overall market remains benign/positive, we could see GT go well past 16.

      Disclaimer: long GT

 
GT
20.41+0.20(+0.99%)Oct 20 4:00 PMEDT

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