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Stocks W / Walter Industries
|Subject: Re: Time to Get Back In?||Date: 10/2/2008 12:11 PM|
|Author: GilliganJR||Number: 117 of 128|
I would never have wished for it, I just learned from Bill Mann (TMF) that when you are dealing with commodities companies like WLT, Mr. Market is buying and selling the commodity not the company.
While oil continues to slide, I will assume coal and WLT will continue to slide as well. I have money ready to buy-back-in when it levels off a bit.
I suspect that will be somewhere just before the next quarterly earnings announcement.
I also need to learn more about the spin-off.
But, I will own shares of this company again... soon!
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