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Caterpillar Inc. Message Board

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  • bkangy bkangy Dec 19, 2010 4:06 AM Flag

    Cat overvalued; most definitely

    Can't agree with you more that CAT is overvalued but I would not short this stock either for the moment. Just like what others said, the DOW seems to be definately poised to go higher from here and CAT will lead, that's just the truth. Money will just pour into funds that hold DIA which will push CAT higher but I had sold little by little in increments since after CAT topped 80's and for people wanting to buy this now, PLEASE.....lol, where were you when this was in it's 40's in 09? That's when I bought tons and I'm RICH now...LOL.

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82.66-0.18(-0.22%)Aug 26 4:00 PMEDT