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Manitex International, Inc. Message Board

  • mitjapari mitjapari Mar 14, 2013 12:33 PM Flag

    Dead money

    so dead money (at best) for at least 1/2 year. Downgrade and volume back to 10K-50K.

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    • Best find another line of work, mitjapari. This stock up over 20% since your 'dead money' call....

      Sentiment: Buy

      • 2 Replies to chiantichrist13
      • And you bought at what price? And sold at what price? (bought at 7.2 sold today at 13, do the math...)
        I am satisfied , you be greedy. MNTX is just the playground for market whales. They will maybe push to 14 or even 15 but maybe not and the price will go below 10 again. This level is surelly not reflect MNTX value.

      • It is easy for the ignorant to type what they want. These trite and meaningless words or sayings are boring and does not tell the whole story. You can't lump everything into some kind of category - nothing is black or white, especially when it come to MNTX stock action. By the way, MNTX stock action has nothing to do with the company itself, which is rather interesting. I guess if MNTX posted a poor quarter, you would think that its stock would go down in kind too, that's why you can't write or say for sure what will happen. If you want to write dead money use it for the GE or MSFT, but you never know when that might change.

    • Dead money based on what? Look at the charts, this stock jumps up and down like a mexican jumping bean. You just have to know when to sell and when to buy. Next week it can go to 13 or go down to 7. From looking at the charts as a chart novice (using common sense), it seems like MNTX should be on the upswing for now, but then expect a sharp decline. Then is will be meander around the lows into the summer. Then around October it wakes up again! You should have a number in your head when to sell, then a number where to buy. You got to be discipline with MNTX.

 
MNTX
6.14-0.26(-4.06%)Sep 1 4:00 PMEDT