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Trinity Industries Inc. Message Board

  • bridgejumper08 bridgejumper08 Feb 19, 2014 5:18 PM Flag

    Cramer and the shorts were quite negative......

    One of the best earnings results I have seen this quarter from any company - PEG will be adjusted much higher. Mexico must be doing exceptionally well. Didn't really expect this. If they also raise the dividend, they get even more attention.

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    • Cramer is always wrong when he makes short term predictions. Remember, he's an entertainer. He can only be trusted when he is thoughtful, slow, and discussing long term investing.

      Inevitably, he like most folks concedes that making money is about value. You have to pick companies when they are cheap and that offer fundamental growth, having some history of doing so. That's why I got into TRN back in 2007, always reinvesting dividends. As of today, I am up 150%, crushing the S&P500.

      It's a rare trader who actually beats indices. For all the volatility, losses, taxes, & time spent on trading, especially with options, it's not worth it. Honestly, I've read short term trading themes over the years on TRN with some amusement, listening to traders plot getting in and out for a marginal gain...only for legions of shorts to get caught in a massive squeeze.

      Given that I'm now averaged in at $26, I think I will be very pleased by the end of the year. We just might see $80 - $90 now. But I'm not fretting over it, just waiting...as usual.

      All the best.

    • 11.75% shorts, 78.1mil shares outstanding (fewer float, but anyway...) so assuming they sold at 60 they are faced with an aggregate loss in the neighborhood of $51,000,000, and it will take days to cover.

 
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