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Not surprisingly, Titanium Metals is a fully integrated manufacturer and distributor of titanium for aerospace, military, industrial, and other applications.
BIG TIME Insider buying...Corporate insiders at Titanium Metals (TIE) purchased 2 million shares, or $34.1 million worth of stock, at an average share price of $17.07. This comes on the heels of a $2.5 million purchase two weeks ago by the chairman of the board, Harold Simmons. So who was the big buyer for this reporting period? You guessed it. Once again, Simmons stepped up and took down just over $34 million worth of stock. There’s one thing that I can say about this move by Simmons: It’s extremely bullish.
Yes, I saw and noted that. It was all of his family trusts. I'm very much a bull, but it may take a few years.
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