Anybody know why we have had the run up as of late? It is simply due to the rundown around election time or is there actually positive news out in some way or another?
What is it going to take to get this stock over $15.00/share ?? Every time it gets close to (or even a little over) 15 it pulls back.
The market goes up & MTW just sits there or goes up a few pennies.
The housing market improves and MTW squats. Someone has it in for this stock.
Another "Beautifull Day on the Lakeshore":
The market is down and MTW is up,,,,,,I wonder who's buying them now ???
"Fish" Did you bother asking Glen last Friday when you were over to his house for dinner??? LOL
The positive news, if you would call it that, is that the market is pricing in the weakness for the first half of 2013, which won't be much of an improvement from Q3 and Q4 of 2012. China is still bad, I do business with Hong Kong and their orders have gone down su#$%$tantially since Q2, although I am in tech, I think it is still a good barometer of what is going on over there.
If this fiscal cliff #$%$ gets solved and the market likes it, we go higher and we go higher fast. The market can always find a reason to go up and a reason to go down. I think the world markets will be turning around after Q2 2013, but the market will take off before you actually know it is turning around.
You're right about the market going up / down.
Just yesterday Ben Bernaki(sp) criticized congress for not working fast enough to solve this Fiscal Cliff thing and down the market went.
The next thing will be that our president will miss a "lay-up" because the rim was made using Imported steel that sagged because of using the wrong alloy. Which will effect China's export market and our dollar.
They use any excuse they can to "manipulate" the market.