Seeking Alpha

Midday Gainers / Losers

Comments (3)
  • Philip Riekenberg
    , contributor
    Comments (68) | Send Message
     
    IR is due to the spinoff of Allegion, their security unit into a publicly traded company that will trade on the S&P 500.
    2 Dec 2013, 06:01 PM Reply Like
  • wturner145
    , contributor
    Comments (32) | Send Message
     
    The unaware stock holders who purchased this junk stock took a hit. How about CEO reducing his compensation or going on Jim Cramers wall of incompetence and thrown into the ocean for shark meat.
    6 Dec 2013, 12:12 PM Reply Like
  • Philip Riekenberg
    , contributor
    Comments (68) | Send Message
     
    IR is far from a junk stock and Allegion has a healthy balance sheet and should be competitive in the home security market in the near future. I would like to see your numbers on the transaction because at current levels I have about a $40 loss on the deal, which is to be expected as the market takes stock of a spun off business. I do not see the hit that you have described.
    8 Dec 2013, 03:50 PM Reply Like
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