Wednesday, July 15, 2009
Time for Caterpillar's metamorphis
CAT tractor has been downgraded by every house on the street, all saying that there isn't a catalyst for it to move higher.
Was there a catalyst for ICE?
Maybe these analysts didn't consider the next leg up in stocks would start already!
And if CAT has already been downgraded by the entire street, doesn't that mean that every shill has already puked this number up?
So take the calls. Heck the July 35s are a nickel and the August 36's are .88.
They're dirt cheap.
And soon CAT will be shoveling dirt on those short!
Posted by Palmoni at 2:55 PM