It's just that the manufacturing sector is extremely vulnerable to energy prices. In this case, the increase in oil prices is cutting into BUCY's margins and thereby, making investors pessimistic on its future. BUCY will survive. However, for me it's a spork (see my blog for why :))
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It's just that the manufacturing sector is extremely vulnerable to energy prices. In this case, the increase in oil prices is cutting into BUCY's margins and thereby, making investors pessimistic on its future. BUCY will survive. However, for me it's a spork (see my blog for why :))
Jul 04 19:52 pm
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All Comments by Stockerati »Bucyrus International: A Mixed Bag [View article]
Stockerati (stockerati.com)