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$16.50ish was the mean going into Q3, 09'earnings for TRN.....now with this run of 20% in 4 trading days, Shorts will be all over this stock (including Da_Bid) into earnings release....the only hope to hold this level $19.30-$22.00 is a buyout (not going to happen) and earnings can not support this price level...
I'll wait for the run to $22.00-plus to short, if it happens, in any event, I play the swings intraday long and short into earnings, after earnings back to $15.00-$16.00 a share base...or lower depending on the projected flat Q4, 2009'....some are expecting a little too much from TRN in 2010'... Da_Bid is back on TRN...the money train (car) maker! Rating :
 (2 Ratings) |
55/Male |
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20% upside-move in 4 trading days, looking to short TRN...
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wherzthebid | (2 Ratings) | 12-Oct-09 12:13 pm | ||
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You're annoying.
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malum_secut... |
 
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12-Oct-09 10:44 pm |
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