MTW - Manitowoc

[JakeDub]

I've never seen anyone post in here besides you two top dogs, so I hope I'm not breaking any rules or anything.



Basically I grew up and still live across the street from MTW, and they have always held their ground as a solid company. After their recent high priced aquisition of Enodis (british kitchen appliance manufacturer), the stock as dropped about 35%. I don't see it dropping much further and I definitely feel this thing will rebound based on their past as well as financials, take a look...

[MC]

No rules broken...in fact we're on the brink of closing shop cause we aren't getting enough participation. I find little benefit in hearing myself yap, and Cire as well I'm sure. I knew in the beginning I'd have to post like a maniac and thought then the ball would be rolling. I was wrong.

Thanks for posting, weekly is right near the 200ma and some volume is coming in so she could bounce off that level.

[cire2222]

i must say, the financials are not bad right now. However there is no large dividend so there is nothing to help soft the pain of a waiting game for the stock to turn around. my first answer would be to wait until it shows some form of strength instead of catching this falling knife. If you must pick up shares soon I would say the $25 level would be the place to do it. Perhaps you can buy some protective puts or sell some calls to help protect the position.