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Trinity Industries Inc. Message Board

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  • serpentine290 serpentine290 May 29, 2009 2:46 PM Flag

    Don't forget - Oil goes up and Wind Power

     

    Interest in alternative energy will increase with the price of oil. But generally financing for wind farms is not available with oil under about $100/bbl. (Ask T Boone)Of the small alternative energy money in the stimulus bill, twice as much was allocated to solar than wind. Lionel, you are generally right, just pulling the trigger too early. TRN gets killed when whispers of next quarters earnings are heard. Then it will languish in single digits for a couple of quarters. TRN will regain its legs when the recovery is clearly underway and sustainable. Be careful, this could take longer than anyone thinks.

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22.14-0.37(-1.64%)Feb 5 4:03 PMEST