Titanium Metals Corp (TIE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Titanium Metals Corp (TIE)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sunnie who wrote (201)	12/15/2005 4:38:50 PM
From: PLegee	of 229

Sunnie, I also took advantage of the dip and bought at $62. I think the long range growth is fantastic, the aircraft orders just keep piling in for Boeing and Airbus. Unprecedented thirty year high in aerospace activity, a boom market for titanium for years to come. What I meant by a processing shortage, is that the aircraft orders are outstripping the scrap titanium and "sponge" availability; two key sources for titanium production. A 50% growth in titanium processing is not realistic over the next year, facilities are already constrained. ATI is supposed to expand their production capacity but that won't be online until late 2006. Furthermore, improved thin casting techniques using titanium will further increase the amount of the metal used for aerospace applications, stretching the availability even further. I'm not sure that the selling is over with, the past two days were record volume for TIE, not sure I like that on two consecutive down days. I think the downside risk could be mid $50's, but that should be worst case. I think $62 could hold, but the long range prospects of the industry are incredibly positive. Excellent risk/reward investing scenario for TIE. Good luck with your investments.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next