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Manitex International, Inc. Message Board

fuquamarine 3 posts  |  Last Activity: Aug 14, 2013 9:14 AM Member since: Jun 28, 2012
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  • Reply to

    Buying

    by chumpbuttsmeller Aug 13, 2013 11:28 AM
    fuquamarine fuquamarine Aug 14, 2013 9:14 AM Flag

    You dont have to defend mntx to me, I've been in and out since 2.10. sometimes you have to learn to separate short term market fluctuations from your assessment of the company.

    I bought back in early summer last year in the high 8s when I could have been getting more shares in the 6s and 7s.

    Sentiment: Hold

  • Reply to

    Buying

    by chumpbuttsmeller Aug 13, 2013 11:28 AM
    fuquamarine fuquamarine Aug 13, 2013 1:18 PM Flag

    Should wait, its going to go lower before higher. I'm also surprised nobody on this forum noticed the increase of short interest reported on July 15th to around 500k shares, highest I've ever seen it on MNTX.

  • Reply to

    MNTX Files first quarter 2013 results

    by eroc625 May 8, 2013 4:15 PM
    fuquamarine fuquamarine May 8, 2013 6:03 PM Flag

    I think the drop in backlog is expected and ok... they are just converting the orders into revenue at a much faster rate with last year's expansion of manufacturing capacity, I'm more concerned with the temporary margin reduction.

    Also, I'm happy with the new 70 ton crane.. nothing really worries me with Andrew and David I know they will make right moves for the company and produce good long term value/growth.

    Any of the regulars have a take on price action from here? I see this as a confirmation of the long term trend and should mean some new institutional buying before the usual fall slide..

MNTX
16.86+0.05(+0.30%)Apr 17 4:00 PMEDT

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