"Moody's raises outlook for Dana to positive"http://www.marketwatch.com/story/moodys-raises-dana-outlook-to-positive-2010-06-14?siteid=yhoof2Also Rod Lache analyst from Deutche Bank Securities "likes tire manufacturer Cooper Tire & Rubber and auto parts supplier Dana Holding. Their compelling valuations, along with exposure to a recovering North American market and a limited exposure to Europe, make them attractive. Cooper Tire currently sells for eight times 2010 estimated earnings."http://www.forbes.com/2010/06/07/best-analyst-best-brokerages-rod-lache-personal-finance-blue-chip-analysts-10-bear1.html?partner=yahootixI think this company is going up. Have you noticed that the earnings estimates for this quarter and next quarter have been doubled in the last two months?We are right at the 50 day EMA and if we break thru $11.51, it's off to the races in my humble opinion.
Thanks for the info. Great news for DAN. GLTA!
Definitely broke thru 11.51 and we're off to the races! Now if we can break $12.40, we'll be heading to the 14's. IMHO