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Miller Industries Inc. Message Board

  • momentum_train momentum_train Nov 15, 2005 1:38 PM Flag

    This stock is ready to go up.

    This stock has been narrowing its trading range. It has formed a very nice triangle range for both the short-term and long-term. It is about to break out to the upside anytime.

    With the earning tripled, I do not think this stock can stay so cheap for long.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • This stock is boring.
      I fell asleep watching it.
      I will come back to whack it if it breaks out of the boredom.

      • 1 Reply to whack_moles
      • It is smart of you to close out your short position before you get squeezed. I cannot understand why anyone wants to short a company that just tripled its earning but is still only trading at trailing PE 15, and forward PE 10.

        This stock is very cheap, and from listening to the conference call, the management apparently believed the earning could still go up with further margin improvements in the coming quarter.

        With strong fundamental like that, this company is worth a lot more than its current stock price level.

        It is a stock for you to buy and be a long, not a stock for you to short.

 
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