WMI is experiencing strong accumulation the past 2 weeks. It has been particularly strong since the Finnish sale was announced. The sales price was strong and investors may be projecting that the remaining sales of Euro ops may also be strong. CEO Myers is slowly resurrecting the sinking ship by doing all the right things.
in at 17 3/8. Just a bit of news. I have a close friend who runs the glass plants in CA. Was bought out by WMI when he and partner were indpts. Now travels the country to train employees. Recently had a meeting a few weeks ago. What happenned I have yet to talk to him about. I will say that new plants are being built in San Fran. and in NY-NJ., what towns, don't know yet. I just may be hired soon as operations for one of the plants. He was in Philly for the week and should hopefully get in touch with tomorrow. Oh another bit of news. Forbes has a story of a fund manager who is accumulating stock. Name, Benjamin Graham in charge of Legg Mason Value Trust. I was at LAX waiting for my wife and kid coming back from NY and picked up the magazine. Page 154, issue 2/7.