Tue, Mar 3, 2015, 8:37 AM EST - U.S. Markets open in 53 mins.


% | $
Quotes you view appear here for quick access.

Mohawk Industries Inc. Message Board

  • watchthedownside watchthedownside Jan 31, 2007 10:41 AM Flag

    Big fight going on between long and short

    I do not know who the largest shorters are, but most are pretty smart and they keep shorting more MHK up at these levels...I do know the larger longs and they are pretty smart too (Fairholme, Ruanne Cunnif, Weitz)....my valuation for MHK is $115 to $125 per share and no matter what I do realtistically to the numbers, I cannot get less than this valuation....I have known this business for years and have owned it once before, so I am pretty comfortable with my valuation even with the changes in the business mix and the new leverage......however, if you asked me where I thought the stock was going, it would be lower in the short term (to the mid 60's) as short term earnings will be below expectations.....and much higher over the next three years, as growth from the lower base will far exceed expectations....so, unless we have a buyout or other takeout, this is my best efforts on where things are going....personally, I own 60% of what I want to own at $68 and will wait to see if I have a shot at buying the balance sometime in the next few months

    SortNewest  |  Oldest  |  Most Replied Expand all replies
186.17+1.82(+0.99%)Mar 2 4:02 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Best Buy Co., Inc.
NYSEMon, Mar 2, 2015 4:05 PM EST
NXP Semiconductors NV
NASDAQMon, Mar 2, 2015 4:00 PM EST