This kind of stock realy isnt my usual cup of tea. But as I was looking at my BRAIX mutual fund, I noticed it was the funds number one holding with a 2 percent margin on its next largest holding (MDR). I looked at the chart and puked. I'm not a bottom feeder, it just tastes horrible. But Goodyear... When are we reinventing the wheel? Not anytime soon. I started up a small position, but I feel like I'm going in blind so I could use some help. Any serious chartists out their? Has this thing bottomed or what? What kinds of signs show that it will. I know rubber prices have been killing tire companies (something I didnt find on this board as I skipped through it...), so does anyone know anything about rubber prices. Third, isnt this market completely generic (I'm not a car guy)? Soar Like the Blimp
Raw materials killing slim margins. Rubber prices double last year.New union contract may put max pain on Goodyear.I see 6's before the end of the year. LT Positives: Slower car sales will eventually mean higher margin after market tires. Hight cost plants may be shut. The Drake
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