$76.11 -0.96 (-1.25%)
11/27/2009 1:02 PM

Valmont Industries, Inc. (VMI)

CAPS Rating: 3 out of 5

A producer of fabricated metal products and a producer of metal & concrete pole and tower structures in its Engineered Support Structures & Utilities Support Structures businesses, and is a producer of mechanized irrigation systems.

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Member Avatar SwordAgain (79.90) Submitted: 2/5/2009 10:16:24 PM : Underperform Start Price: $40.57 VMI Score: -56.20

2/6/09 Pitch: Downthumb. Earnings 2/17/09. I just don't believe that the bad news is out yet on this company. Had a good October quarter report. But no warnings of any slowing and no indication of belt tightening. Why do these CEO's think that they don't have to report anything at intervals less than a quarter in this environment? So it's downthumb.
Past trades:
10/10/08 Pitch: Upthumb. Earnings 10/16/08, 9:00 AM Steel industry is overly sold off. Closed 12/10/08 @ $60.42 for +6.62 points.

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Member Avatar mactavish38 (65.13) Submitted: 6/18/2008 11:37:31 AM : Underperform Start Price: $107.24 VMI Score: +13.47

Dont fight the trend. The price needs to correct a bit closer to it's next support level at around 72. This will put it's PE at a much more rational number and will help stablize a bottom before moving again to challenge it's highs. stock will underperform for the next several months then tiime to re-evaluate.

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