THE LAST TIME I SAID THAT IT RAN FROM $26 TO $44 WHERE I SOLD IT OUT pending some pick up in housing activity and or the economy generally... but TPX runs with the housing sector more than anything else.
NOW THAT HOUSING IS GOING AGAIN, THIS WILL RUN LIKE THE WIND AS POSITIVE NEWS FOLLOWS ON. Today's weak durable goods number is a gift chance to pick off these shares en route to another double by EOY.
Good luck to the longs into earnings next week... TPX is going to pleasantly surprise to the upside.
p.s. special thanks to all the dipS gumptard posting time to short here. Brilliant wrongway trades!
Rent a truck and fill it with all the TPX shares you can afford before this bs pause ends in a few days or so.
You know, Herb Greenberg can say the margin blows, but the reality is that margin is squeezed only for the current quarter because they are shipping out new demo beds to all of their showrroms for both comapnies now merged. The share price clip is lame and will soon end as people play this outstanding ticket for the ongoing housing and jobs recoveries. Meanwhile, oil has come in a bunch for them this Q... so CGS will come down too as this Q plays out.
Easy run above $60 this year unless the economy crumbles, a bad bet with Ben flying in helicopters loaded with billions. LOL