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The Company and its subsidiaries are engaged in the design, manufacture and supply of vacuum and heat transfer equipment used in the chemical, petrochemical, petroleum refining and electric power generating industries.
Its had a good runup, not too much to expect from here. Near the top of the 52 week range.
Yes no future potential here, after outperforming corporations in the industry, sector and overall S&P 500 YOY,OY,OY x10+ years in the 90th percentile across the board in 90% of the basic comparisons the board has voted to change course. The new management team was trained personally by Corporate Executive Wizard, Jeff Immelt, Publishing guru Arthur "Pinch" Sulzburger III, and an audio taped step by step guide to Corporate leadership, integrity and success by Kenneth Lay. The emaciation of hundreds of billions of dollars in capital brought on by these 3 stooges beggars description, as the 90-100% capital impairment of multibillion dollar institutsional corporations like Enron, The New York Times, and GE gutted millions of investors and destroyed great businesses with wreckless abandon. Those are the companies that are priced nice and cheap like this one will be once management stops driving efficiencies and makes this stock lose money for the next decade or so driving the price down to record lows so me and mathmole can really get a value for our investment dollar. Why pay a premium price for a premium investment in a well run company when AIG, MTLQQ: OTC & FRCMQ are trading at thier premium all time lowest prices ever. Silly Rabbit, Price is what you pay, value is what you get and even a blind man can see the value of this stock at $18.78 a share, near 52 week high or not. Investing is not for kids or rabbits both of whom could provide better analysis than this, so stick to your investment lottery ticket portfolio and leave the securities to real investors. Thank you.
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