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Caterpillar Inc. Message Board

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  • b_hesford2000 b_hesford2000 Jan 24, 2009 9:45 AM Flag

    In at 36.50...should I be?

    How do you figure that CAT has topped on Cramer hype? You people need to stop giving that guy so much credit. He may have a 1-5 day effect on a stock price but that effect may only be a couple percent if that. At the moment the pps is near its 52 week low...in my opinion, is is the perfect place to cautiously start a position. Look to add if a better opportunity presents itself. Am I crazy or is that just common sense if you are playing it from the long side? To make a metaphor, You don't invest in these times and expect to make money this year or even next...you plant the seed this year and hope to harvest in 5-8 years. It's not about making the perfect call...it's about not missing the opportunity all together!!!

 
CAT
82.88+0.51(+0.62%)Sep 27 4:00 PMEDT