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The Company manufactures and sells railcars and railcar parts, inland barges, concrete and aggregates, highway products, beams and girders used in highway construction, tank containers and structural wind towers.
Bottomed out, and seems to be making a recovery. I would be long on this stock, but wouldn't purchase in the short term. Reason being that the volatility of this stock is amplified when there is an economic downturn. There is increasing downward pressure on the market right now, and I would wait for a pull-back before initiating a position.Otherwise, I agree with all the other posters. It's poised to pop, due to its strong position in Wind, and Highway construction. What I would really like to see is a shuffling of management, and drastic reorganization of this business structure. I think they should sell off their rail car division and focus more on Barges, Freeway Construction, and Green Energy.I plan on purchasing this stock when it is in the 12-14$ range with a 15-20% stop-loss , and a sell point of 25-30.
Don't think it will see that point again, but I could be wrong.
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