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Message Boards Settings Albany International (AIN) - Quote Info
AIN: why its time for traders to invest elsewhere.      1-Sep-09 08:18 pm    
Of all the poor management and turbulance of both main st and wall st over the past few years look no further than this company. Their management skills have faltered as poorly as any of the failed banks and or automakers of this era. Joe Morone Ceo has allowed the loan leverage ratio to bubble to the top where it will soon erupt. this company has board members who are blind-folded by these vp's along with mr morone. look at their most recent plant closure announcement..."At this time of closing this plant we have no idea how much this will cost to ramp down"...you know why they do not know? They do not know because they have years and billions of dollars invested in equipment and intelligence that cannot be transpired over night in a new facility...oh the facility they are moving to is brand new and doesnt have room for eqipment they are needing from the plant that was closed...i could do this allday but to save you time and money invest in other companies and not in ones that are headed straight for the toilets!!!if AIN hits 18.25 dollars a share look out...I have heard many speculation about the company making some moves that would not be in your best interest.


Sentiment : Strong Sell
Rating :
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ainfriend

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Franklin, K...


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AIN: why its time for traders to invest elsewhere.
ainfriend 1-Sep-09 08:18 pm  
 
I completely agree with this blog. These guys are ...
morone1moro... 9-Sep-09 02:53 pm  
 
typo: that was supposed to be BRIDGE not brid...
morone1moro... Rate it 9-Sep-09 02:57 pm  
 
Ye of little faith, poor management? We are the b...
ain_managem... (1 Rating) 11-Sep-09 02:59 pm  
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Albany International Corp. (AIN)

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