Take ur profits people, this mgmt team can never get the earnings projected. They will soon have union problems (again) This company is currently valued at over $1.5 million dollars PER EMPLOYEE -- a bit rich??
That's right about the labour. I'm sure the operation is safe, but let's face it...Unions are no longer there to keep labour safe. They are there to squeeze every penny they can get. Increased PD and PT prices = Labour pressure. Of course, when PD & PT tank again, they won't have much to strike about.
For the record - Shorted today @ 21.05 Some short covering bubbles here and there. Longs will get burned at these levels, imho. I think the Ameriprise swing from Buy to Sell will appear prescient in coming days and weeks.(that is a dramatic rating change rarely seen, on Wall St or Hennepin Ave) (They have good analysis of Nat Resource stocks) Target $16.50 Thank the platguru later...guru out