First off I dont spread rumers. Second I dont want to spread rumers. Third I heard this from a source in the crane industry that i deem to be reliable but yet still this info could only be just that a rumer. There is also another rumer that MTW is looking at another crane company besides Grove. Since MTW has been buying up Crane companies it only adds to the possibilities that it might be true. I suppose that TEREX wouldn't be to happy if MTW bought another crane company. Personally i dont care either way i am only interested int the stock price of MTW since i am short on this one.
Goldie, You've got to be kidding when you say you are short MTW. The only way you will see this stock significantly lower (25% or more) is because of 1. a total collapse of the company. 2. Over reaction to another terrorist attack or 3. a stock split sometime this year. Personally, I am picking door number three. I'd buy on any pull back to the 29.00 range. From a fundamental perspective MTW is poised for continued growth and is in excellent financial condition to whether this recession. From a technical analysis -- the price would have to break 28 or so to go below its 200 moving aveerage and 31 for the 50. If it breaks 31.00 you "might" see it go below 30. The 200 day would be more significant. When you add up all the data MTW still equals a great long term investment.