Friday, September 12, 2008

Terex looks cheap

Terex (TEX 36.72), estimates were cut to just north of $6, and the stock gets cut in half. With the move in JOYG and FWLT, I think buyers will re-asses the selling they did in this number.

Monday, a buyer thought about taking a piece, and the stock ran to 41. You should be able to get that again quickly.

Here's a link to the presentation they gave at Morgan Stanley yesterday. Wednesday the dog and pony show continues. Look for the stock to move.

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