Sell in May...works normally in a average inflated spring market. Although this market could go down a little, there are to many recent investors that are getting in to be long into fall and beyond........GREAT QTR ...We're going up
I hear ya the experts all say we will re-test lows! They do not know shi*! well we might and well we might not, don't listen to the so called experts! Understand your time frames and risk exposures and do whats best for yourself! Listening to the CRAMERS of the world is a quick trip too the poor house. TrN will see 20+ as the fund will want to own it for the window dressing, front runners all of them.
OK so take out the 15¢ (see PR below) and still that's 28¢ per share. It still looks like they bet the estimates average of 23¢. I'm still feel fine because they sold the railcars to their own railcar leasing company.
I'll try to listen to the conference call tomorrow.
On Wednesday April 29, 2009, 4:01 pm EDT
DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN - News) today reported net income of $33.9 million, or $0.43 per common diluted share for the first quarter ended March 31, 2009. The earnings included $0.15 per common diluted share resulting from the sale at the end of the first quarter of $132.1 million of railcars by its railcar leasing business, Trinity Industries Leasing Company (“TILC”), to TRIP Rail Leasing LLC (“TRIP”).