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Terex Corporation Message Board

  • amexwatcher amexwatcher Jun 19, 2013 12:50 PM Flag

    Why is this POS stock climbing after they announce a miss eom


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    • natureboy55 Jun 19, 2013 2:58 PM Flag

      this stock has a notorious history of ignoring the news. Back before the stock went to $14 they showed pretty good earnings yet the stock went down around 6%. Now the most recent two quarters have been decent sized misses and the stock recovers all of what it lost and makes new 52 week highs!!! (talk about irrational)
      The past has given you clues of why you don't short tex when it looks like everything is going wrong.

      I think this is now a $35 stock and will now be looking to pick it up at $21 or less. If it doesn't go there, I won't buy it.

      • 1 Reply to natureboy55
      • How much would you bet this #$%$ lowered expectations just to slam the stock so they can pick up shares for dirt cheap? We all know how this kind of #$%$ cries wolf one day and the next day does exactly opposite and thereafter. My prediction of $38 is still on target, what I couldn't predict is this #$%$ would come out of the woodwork out of nowhere with this new guidance-that is the element of scam in the market, if you got the money to meet your margin call, you're good, if not, the #$%$ has done its job. But I'm here and waiting..a month from now it will all be forgotten and we'll be at 38..same old story.

24.28-0.11(-0.45%)10:56 AMEDT