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The Manitowoc Company, Inc. Message Board

  • dferg9214 dferg9214 Feb 20, 2009 12:12 PM Flag

    Bear markets are tough but they don't last forever

    I appreciate everyone on this board who gives information about this company fundamentals regarding sales and what is going on in the actual plants themselves. Thank you also to the people who are watching the big buy and sell orders.
    Pesonally, I plan to double down on MTW at around $2, I hope it doesn't go that low, but who knows in this crazy market?
    I request that we try to keep this board topics to MTW and the useful info we need to make decisions regarding this company.
    Best wishes to all.

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    • Bear markets might not last forever, but during bear markets and recessions, companies do go bankrupt, and MTW could be one of them.

      If MTW goes bankrupt, then it doesn't really matter if the bull market eventually returns, because MTW will no longer exist.

      • 1 Reply to daa069
      • Spoken like a true bear ... almost ANY company COULD go bankrupt... and,on the other side of the coin, almost any company COULD survive and excel. Bears are hoping for companies to go under so they can profit on the way down. Bulls want companies to survive so they can profit on the way up. To me, there is something fundamentally wrong with an economy that rewards people for, essentially, picking losers. It's like calling your bookie to pick the "losers" of the games this weekend. No one does that. We pick winners. Two sides of the same coin, but fundamentally different. Personally, I'm getting tired of the depression, bad news, glass half empty side. I'm not sure it's really helping anyone right now. And I'm guessing America's patience with this bear market will run out soon. We're all just getting weary of the selling - and the perverse delight some bears take in the death watch of companies that MIGHT go under. It's like rubbernecking an accident on the freeway.

    • Yes, you are right, bear markets don't last forever but some turn into T-Rex markets, like this one is doing. I'll take a nice cuddly bear market any day over this vicious one.

 
MTW
4.79+0.19(+4.13%)Sep 30 4:01 PMEDT