October 8th 2007
SIF Trading Idea
The featured trade today is SIF. SIFCO Industries (SIF) aerospace components, components for turbine engines, as well as, electroplating sales and services.
How do you get in a business like that? I mean do you just wake up one day and decide “Gee, the electroplating and turbine engine industry is under served when it comes to their metalworking needs. I know…I’ll start a company”.
Evidently a really smart person would. SIF made 2.1 billion in the 3rd quarter. That’s 2.1 billion more than I made. But SIF stock has the potential to earn a nice chunk of change if the trade goes right.
SIF is just a pure momo play. I like it over 20.50. My target is around 25.
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2 Comments »
thewild1 on 08 Oct 2007 at 12:56 pm #
Seems like a good play, although I am a little weary about the growth. But it could go either way.
Jonathan on 08 Oct 2007 at 1:04 pm #
If I can get a few points, I’ll be happy.