conspiratorialnutcase

Increased Production Should Create A Better Second Half For Titanium Metals

Why do falling sponge prices help TIE? I understand that this reduces what they must spend on it, but as I understand it, rising oil prices help oil companies. Doesn't the same concept apply here?

Also, I bought in at 33 and I'm hanging on for the ride back upwards. Why has this fallen so sharply? I know the market is rough, but TIE has taken a much bigger hit than most other stocks. Is it just because it is getting lumped in with ATI and RTI?