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American Railcar Industries, Inc. Message Board

  • davelocey davelocey Nov 13, 2012 11:39 AM Flag

    Acquisition seeking more capacity

    Last conf call seemed to indicate potential for mfging cars for overseas. Guessing they got positive news from Saudi's and others who need cars. The manufacture of 1800 cars would lead one to believe with the type of cars being currently manufactured, they are close to their maximum. Competitor that makes coal cars not having the orders possibly opened the door to some cheaper capacity getting acquired for the orders that they have? Their future orders were increasing domestically. Think this is what is going on? At any rate, like the move. If acquisition doesn't happen, probably looking down instead of up!

    Sentiment: Strong Buy

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    • A good move on strong volume cannot be ignored :) It does need to hold above the $30.43 (the highest monthly close in three years if it is to keep attracting huge money momentum institutions. Good luck... :m:u:a:t:h:e: . :c:o:m: (without the colons) for money making exclusive breakouts.

38.34+0.18(+0.47%)Oct 21 4:00 PMEDT