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Navistar International Corporation Message Board

  • hewhaaa hewhaaa Jan 25, 2013 1:32 PM Flag

    buyout soon?

    I wonder if a buyout is imminent. I notice Oshkosh is up today over 14% (allegedly based on good earnings). I don't ever remember seeing such a big move on that stock. Is it a coincidence in timing, or are they ramping up Oshkosh shares to use as currency to buy NAV? It's interesting that both stocks are up today (especially considering The Street is trying to push NAV down with today's downgrade). Anything is possible when five entities own approx. 60% of the company. Only time will tell how this one is going to play out... I think steady hands will be rewarded on this one. I'm holding onto the seat of my pants and my shares waiting for the long awaited announcement.

    Sentiment: Strong Buy

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12.82-0.03(-0.23%)Jul 29 4:01 PMEDT