TIE, TRID, & KSU
TIE
Another titanium producer - RTI - announced last night that titanium prices rose 4% from the previous quarter. they had their own unique problems and missed earnings, but overall the message is strong titanium.
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TRID
Now below $15. No buyers until the options issue gets cleared up.
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KSU
The reasons for a long term position in KSU are:
1. Price competitive vs trucks (gas prices are trending up not down)
2. The Mexican port
But right now, they aren't showing accelerating growth, so we need to wait. Buy if they hit $30
Another titanium producer - RTI - announced last night that titanium prices rose 4% from the previous quarter. they had their own unique problems and missed earnings, but overall the message is strong titanium.
----------------
TRID
Now below $15. No buyers until the options issue gets cleared up.
-----------------
KSU
The reasons for a long term position in KSU are:
1. Price competitive vs trucks (gas prices are trending up not down)
2. The Mexican port
But right now, they aren't showing accelerating growth, so we need to wait. Buy if they hit $30
posted by Andrew at
9:36 AM
2 Comments:
Market is very volatile ..difficult to understand today’s bounce . Do you think the unwinding over ? whether one should go out and buy right now or short right now ? or better be prudent... just not to do anything.
With some exceptions, many stocks pull back after earnings. So that plus that plus the recent crash with no clear return to bullishness, makes me prefer to wait to buy.
I think stocks are heading higher eventually.
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