Seeking Alpha

Titan International (TWI -7.2%) plummets after CEO Maurice Taylor pulls an "I told you so"...

Titan International (TWI -7.2%) plummets after CEO Maurice Taylor pulls an "I told you so" regarding reports of tire shortages. "I have stated over and over that talk of tire shortages [is] false," he says, adding that "in the past couple months, millions of dollars in tires have been dropped into the aftermarket from the OEMs in the farm and construction industries." Taylor notes that he will need to assess market conditions before giving specifics but warns previous guidelines "will be revised down." (PR)
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector