Owens-Illinois (OI) +7.8% AH following upward Q1 guidance forecasting EPS from continuing...

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Econdoc Comments (2944)
 
well, well, well

what a surprise...another one...

idiots

panic, sell, sell, sell, run for your lives...

E
10 Apr 2012, 04:58 PM Reply Like

alsobirdman Comments (265)
 
Yep. I hope the panic continues tomorrow. I was too busy preparing for a job interview today to do any buying. Imagine that, a job interview for a high-paying job, no less. Must be a recession coming.
10 Apr 2012, 08:50 PM Reply Like

WPSPIKER Comments (387)
 
yep I called this one a while back, and will be better going forward as more products move to glass packaging and the price of Nat Gas (one of the bigger raw costs in glass mfg) keeps coming down on the YOY costs will reflect even better earnings as the costs vs their hedged production costs come down...

While some producers like those paper aluminum foil packaged they require more costs up-front in equipment and so many bottlers do already have the equipment in-place. Brand Name Products also have moved away from glass years ago the small labels where as store brands think raw corp ect use glass as it is a better product show on the shelf.

Also Glass is 100% recyclable no added real cleaning costs or heavy separation costs like so many other packaging materials. this leaves (OI) in a great position going forward...

Mark
10 Apr 2012, 05:47 PM Reply Like

marc heilweil Comments (85)
 
If memory serves me correctly, a lucky officer of the company bought shares in the last two weeks.
10 Apr 2012, 09:48 PM Reply Like