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Ferro Corporation Message Board

  • hlth2 hlth2 Nov 4, 2009 2:35 PM Flag

    Don't be so quick to make judgement

    I haven't seen a lot of actin on this board either. Not compared to other mid size companies board. I would like to have some insight on what is actually happening and what peoples opinions are.

    I bought in at 1.37 earlier this year so things are still good for me. I should have unloaded in the 9's and started over, but oh well!!!

    Anybody else???

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    • In from 1.66 to the 10's, out, back in the 8's out in the 9's sitting in wait as it has retested twice the brief 6.75 level, and it could test near the 5.60 offering price. FOE is trading in tandem with the market. Dow and s&p are in a downward trend. This stock moves slow enough that you will not miss the next run up. Dilution is the only major problem I see here, beyond the general economy, but the sky still has not fallen and I don't suspect it will. Long term from the mid 5's could be a great investment, I would rather trade FOE for now. Good luck.

    • I would not short here, just buy on the dips (int 5's) and sell in the 6-8/sh range.

      Dilution has added some cash for now and, as a trader, the dilution dip usually pops up for a bit.

      DO NOT go long though. There is a reason for dilution and it does not bode well for long term competitiveness.

    • I'm a trader and currently long on this stock.

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