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The Manitowoc Company, Inc. Message Board

  • burgersboat burgersboat Jun 5, 2003 8:51 PM Flag

    2250 MTW

    "Burger Boat Co. inc." The World's leader in "quality YACHT constructure",,,,, to launch 127' All Aluminum ($ 8,000,000.00+) Mega Yacht for Charles Wallgreen !!! Using 2 MTW # 2250 Cranes.

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    • I guess it will take some effort for us to reach 22.00 by days end. Would not be suprised to see us hit 21.40 - 21.65 today. Shorts, and there are still a lot out there, may be getting a little concerned.
      Do not be suprised if you see a brokerage house raise their price target from the current 23.00 range.
      As I have stated before, the individual investor of MTW is pretty much at the mercy of the institutions. Nevertheless, a person can play this situation to their advantage. If you quess correctly, an investor can "outsmart" the professional traders, who for the most part have a set program for buying and selling. I have stated before that I believe now is a good time to accumalate, as I believe the instiutions will start to return soon in order to cover their shorts and not get left behind when the stock makes a push to 30,s sometine this summer.
      Best of luck to all and God Bless America.

 
MTW
20.43+0.19(+0.94%)May 22 4:04 PMEDT