Tire and Rubber Value - Trading-Lab

Soverus Khan · #1 05-28-2008, 01:21 AM

CTB

Oversold value play.

On the watch for some consolidation over the next few weeks/months.

Selling looks to have been a bit overdone.

Short term bounce is expected, but looking for an entry for longer holding period.

Negative divergence on MACD.

$0.42 annual dividend (145 consecutive dividends paid). 3.75%

Do your DD, this has some earnings and forecast issues.

flyingpb · #2 07-02-2008, 05:36 PM

Long tail down, looking for buy signal back up to about 12

Soverus Khan · #3 07-02-2008, 08:37 PM

Hey a P&F guy!!!!! Nice read on things. I'm still waiting for things to settle for any positions or investments. Yields are looking attractive on many large blue chips.

Making too much money short though. Great trading environment.

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#1 05-28-2008, 01:21 AM
Soverus Khan Senior Member Join Date: Dec 2007 Posts: 306	Tire and Rubber Value CTB Oversold value play. On the watch for some consolidation over the next few weeks/months. Selling looks to have been a bit overdone. Short term bounce is expected, but looking for an entry for longer holding period. Negative divergence on MACD. $0.42 annual dividend (145 consecutive dividends paid). 3.75% Do your DD, this has some earnings and forecast issues.

#3 07-02-2008, 08:37 PM
Soverus Khan Senior Member Join Date: Dec 2007 Posts: 306	Hey a P&F guy!!!!! Nice read on things. I'm still waiting for things to settle for any positions or investments. Yields are looking attractive on many large blue chips. Making too much money short though. Great trading environment.