Use access key #2 to skip to page content.

OklaBoston (58.75)

BUCY, Bucyrus Intl, Inc.



December 26, 2008 – Comments (0)

The website made this my "personalized stock idea" for today (Dec. 26, 2008) by whatever process it's computers are programmed to use. Which indicates to me that said computers are not programmed to take debt/equity ratios into as much consideration as I would like.

This stock's total equity took a big jump in fiscal 2007 but so did it's long-term debt. From a chartist POV it looks like it might be time for the bears to cover any shorts they might have in it, but I wouldn't go long in it unless the next quarterly earnings statement show a noticeable paydown of the debt with a continuing improvement in the equity number. Until then I think I'll basically ignore this stock, going neither long or short in it.

0 Comments – Post Your Own

Featured Broker Partners