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The Manitowoc Company, Inc. Message Board

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  • bdxpk bdxpk Oct 2, 2008 11:58 AM Flag

    What's Going On?

    Yes, but at what price will the fortune be made? We haven't even officially entered a recession yet.

    The commodity bubble has popped. The economy is deflationary. Global growth has stalled. Yet the DOW is still fairly high on a relative basis.

    MTW looked cheap 4 pts ago. If the crane business stalls 15 may turn out to be expensive.

    I am considering a buy here, but all stocks are risky right now, might just wait for the storm to pass even though I will miss out on profits.

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