Everyone has opinions. They give you their two-cents worth. I'll give you more. One penny more. That's a cool 50% more than others. And that's wicked value.
The LIVEROCKET investment philosophy is that at any given time, there are amazing companies out there that are building better mousetraps and generating incredible sales. This is not a buy and hold philosophy. No company can maintain exceptional growth and momentum for long.
Thursday, May 18, 2006
We're ready
Margin calls are exacerbating the selling. Institutions are moving in to buy. Tomorrow is a great day to start buying.
Remember, Titanium is an energy play and not a metal play. Airplanes consume a large amount of gas, and there are more planes. China, Dubai and India are buying a lot of planes. Also, shipping expediters are buying. On top of this demand, older planes like the 727 are being phased out. Fuel is almost 30% of US airlines' costs. A lighter plane built from more titanium pays for itself quickly. Boeing can and is passing on the higher costs to its customers. It's very easy to say: the plane costs $10M more (or whatever it is), but that extra cost is recovered in the first year.
However, TIE is also going to suffer from the metal commodity excitement/fear. Speculators drove it up high and then ran.
We are eager to find what you are buying today or what you bought today.
ReplyDeleteTIE is having a great rally today and hope that it's not a short-lived one.
ReplyDeleteRemember, Titanium is an energy play and not a metal play. Airplanes consume a large amount of gas, and there are more planes. China, Dubai and India are buying a lot of planes. Also, shipping expediters are buying. On top of this demand, older planes like the 727 are being phased out.
ReplyDeleteFuel is almost 30% of US airlines' costs. A lighter plane built from more titanium pays for itself quickly.
Boeing can and is passing on the higher costs to its customers. It's very easy to say: the plane costs $10M more (or whatever it is), but that extra cost is recovered in the first year.
However, TIE is also going to suffer from the metal commodity excitement/fear. Speculators drove it up high and then ran.