Gotcha now on TRN,,, insiders finally selling shares after it was 16 bucks 3 yrs ago. I agree there needs to be a big volume day down for a bottom but again i'm going to buy ahead of next Q earnings for a trade:
>>"The driving factors behind our businesses remain strong," said Timothy R. Wallace, Trinity's Chairman, President and CEO. "As a result, our performance continues to improve. Our manufacturing facilities are operating at high levels of utilization and efficiency. Our backlog of orders in both our rail and barge groups continued to grow during the second quarter. This is a positive indicator of continued momentum for Trinity."
Trinity received orders for 10,012 railcars in North America during the second quarter, which ended June 30, 2006, and shipped 6,233 railcars. Trinity's North American railcar order backlog rose to 29,320, an increase of over 3,700 from the March 31, 2006 order backlog.<< |
