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The Manitowoc Company, Inc. Message Board

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  • burgersboat burgersboat Dec 4, 2007 4:58 PM Flag

    Why isn't MTW going up ?

    "The Company releases good news for 2008" ??
    The last 3-quarterly reports were all good and those reports only gave this stock a slight "Giggle".
    "Low Volumn" Maybe it's low because people (outside this area) never heard of MTW. Also I don't think 1.7-1.9 million shares is that low. The real only low day lately was the day after Thanksgiving, you know that 1/2 day of trading.
    "Feds cutting the rate",, how many times has the Fed cut the rate in the last 3 quarters? twice ?? If that's what we're "Hanging our hats on",,I'm switching hats.

    All the good news we've seen over the last 3 -quarters hasn't done Squat for this comp. WE ALL KNOW this company is doing great, but "John Q Public" isn't hearing about it.
    Hell even Terry isn't exersizing his options. What does that tell you??

    "If the market goes up MTW will go up"?? Since when does the market going up have any effect on this company. If you are a Long Timer you'd know that from past experience. Up until lately it was just the opposite.

    Available steel?? lol,, I'll bet MTWC uses more steel/cast iron in one crane than Ford uses in 1 months worth of cars. Now add all the steel the Ice div. & the Marine div.use in one month and I'll bet MTW uses 10 times the amount of steel that any car manufacturer use in 1 year.
    One car weighs 4000 lbs (and how much of that is steel), one crane weighs 1,000,000 lbs.and it's all steel/cast iron.
    At that usage, MTWC sure as hell better get preferential treatment from the steel mills.

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