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

Friedman Industries, Incorporated Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • bubble_go_bye_bye bubble_go_bye_bye Jul 16, 2004 11:21 AM Flag

    As a very long time holder here...

    Yeah, but don't you think there will come a time to sell FRD? It's a cyclical. If you look at a 20 year chart it goes up dramatically during good times and falls precipitously during bad. When earnings improve the stock gets bid up hugely, I guess because people think the good earnings are going to continue indefinitely. They don't. And when they don't stockholders dump it and down it goes again.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The maximum Yahoo chart only takes us back to about 1992. There is no 20 year chart. There have been two major peaks in the 12 years available. Once in 1998 and now.

      Whn the two brothers sell out, I sell out. Or perhaps sooner if drilling for natural gas is fruitless or the demand for steel drops off.

      I'm gonna let this one run.

5.25-0.01(-0.26%)Oct 25 2:01 PMEDT