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Flipped one on that execution of eight. Three remain in my account.
ha not bad. nice trade
Yup -- mine was in the sell. I just buy the bottom line and sell right before the top line. It took me a few weeks to learn SWKA (on spreadsheets) before trying it out. Greys are good cash, but I had to make sure I understood the chart and would be willing to wait a few days to execute an order.
hmm nice. What'd you get in at, I assume that trade today was your sell...
well that's too bad... Oh well it is what it is.
AH costs like 200 bucks for me :(
Man too bad you couldn't have sold AH or in the SEQ trades in the 700's
Yup. LOL! I love this stock. If you can trade greys and draw trends, this is easy...
hahahaha you weren't kidding... were you one of the 5 trades today?!?!?! lmao!!!!
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=swka#getQuote
They don't report in the traditional US SEC methodology. They do file, but it's in a different format. (It's a foreign issuer and reporter adhering to a different set of laws.) Thus it's labeled as a Grey. You have to dig on Stanley's site for the filings, but there are there.
I don't understand how this a grey. Can you explain this to me?
It's a Grey I trade often.
those are some impressive numbers from the ibox there
HAHAHA what exactly is this? is this your hangout to get away from the attention :)
Dunno what to say...
There's nothing new to report.
Soapster was going to create a board for swk and stumbled onto this? What is swka preferred shares of stanley, whats up with the grey market listing.
THANKS {)
Stanley Works tops targets, announces more cost cutting
By Shawn Langlois, MarketWatch
Last Update: 4/24/2009 12:13:00 PM
SAN FRANCISCO (MarketWatch) - Stanley Works shares jumped more than 11% on Friday
after the toolmaker posted a drop in first-quarter profit that wasn't as bad as
Wall Street had expected and also announced more cost-cutting measures.
Stanley (SWK) stock was up $3.83 at $37.45 in midday trades and has now added 10%
since the beginning of the year.
The New Britain, Conn.-based company reported earnings of $37.7 million, or 47
cents a share, down from $66.5 million, or 83 cents a share, in the year-earlier
period
Sales fell to $913 million from $1.07 billion.
A survey of analysts by FactSet Research produced consensus estimates, on
average, of 36 cents of profit on $970.9 million of revenue.
Gross-profit margin widened 1.7 percentage points to 39.6%.
Stanley Works announced plans to save another $100 million in cost cuts annually,
with $45 million in savings realized this year. The company plans to reinvest a
third of the 2009 savings to develop its brands and fund growth in its security
business.
The cuts are expected to save 28 cents a share in 2009.
Stanley said it sees the benefit in 2009 from the company's 2008 cost-cut program
at $1.75 a share. Overall, the company is looking to earn $2 to $2.50 a share in
2009. Wall Street previously targeted a profit of $2.35 a share.
"Negative volume trends and the headwinds of unfavorable currency movements will
impact our earnings potential this year, however, we have aligned the company's
cost structure with the current economic environment and have positioned Stanley
for growth as conditions improve," CFO Donald Allan said
hmmmmmmmmm Never knew!!!!!
See, not all Greysheets are crap. I bet you own Stanley tools!
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