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Spirit AeroSystems Holdings, Inc. Message Board

  • palosparkflash palosparkflash Oct 25, 2012 1:07 PM Flag

    Tested Oct 2011 lows of 14.80

    I was tempted to buy pre-market when I saw the news and the drop below 17. The market always over reacts when companies take charges. But I decided to avoid based on the chart lows in Oct last year.

    I didn't think it would actually drop below 15.. But now it is a very compelling value. With revenue between 5-6 Billion $....this will recover. $500 million is a large write off. But the drop today has exceeded the damage of the charge. Technically, this is a strong buy at the current PPS.

    All In !!!!

    Sentiment: Buy

42.88-0.12(-0.28%)Jul 1 4:02 PMEDT