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Colfax Corporation Message Board

  • grovercleveland18 grovercleveland18 Feb 7, 2012 7:29 AM Flag

    Earnings this AM..

    40c vs 45c est
    177m vs 188 mil rev

    First glance not so hot, but I dont know to many industrials that had a great Q411. When you throw in everything happpening for this company, this is probably the worst news we'll hear for a long time- not that this report is that bad anyway, but Im sure the stock will trade down by the fast money, and it will be a great buying opp. BAC gave it a buy rating yesterday and a 42 target, probably for all the reasons listed in the posts on the board here. Technicals still in tact and still big short interest. But Im here for the long haul.

    Call at 8am on investor relations tab at company website. Looking forward to any forward looking.- GLTA!

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27.09+0.29(+1.08%)May 31 4:01 PMEDT