Owens-Illinois, Inc. Message Board
-
Ed White must've blown the JPM Conf presentation
What else could have triggered today's sell off?
-
Selling?
Just wait, try $38.... BOO YA!- 1 Reply to brounholeyo
-
I just got done listening to the webcast (go to IO website) and didn't hear anything really positive nor negative. The one thing stated thatcould be taken negativley by some was that there is no plan to bring back the dividend. However, the CEO stated that IO is looking to increase capital gains through acquisitions...that's good.
-
It might be...The last time, few weeks ago at Goldman's conference similar thing happened, stock started sinking (not that much, though). Perhaps these people should stay away from the conferences, or at least go there but not talk.
-
Just an idea - Bernanke's comments today signaled the end of rate cuts (which was expected but not yet confirmed). This should help strengthen the dollar. Given the volume of overseas business - could the drop simply be a reaction to his comments?
- 1 Reply to smokingtea2003
-
but on the flip side energy cost will come down
if $ rises
-
When was the JPM Conf presentation? I am sure there is a reason for this big sell off.
-