Tmarigold80

Middleby: Selling Ovens in a Cool Market

Limited growth capabilities? A retail stock? Please. Do your research. MIDD practically dominates the commercial foodservice industry. A lot of their customers are prisons and schools, lots of stable and recurring revenues there. Plus, I believe the CEO said that business usually picks up around summertime as schools book orders for foodservice equipment.

Secondly, MIDD has a lot of debt, that is well-known, but they have plenty of working capital and operating cash flow to cover their short-term obligations. TurboChef was a wonderful acquisition, so of course it was bound to be pricey.

Finally, throw in falling steel prices and a strong international market and middleby is poised to deliver in both the near-term and long-term.

Let's Put Monday's Market Rally in Perspective

Just stay strong and hold your short positions. Once this rally is done the market will retest the lows..again! How much pumping is taking place on cnbc now? Why would we jump into the market at this stage: with dubious fundamentals and a crazy 500 pt rally in the bag? I think I read somewhere that during no economic expansion or bull run was there ever a DOW rally of 300+. These sort of violent moves epitomize the fear and panic of bear market moves.

How Much Downside Could Still Exist?

Random, self-indulgent tripe! Of course the markets are going lower. However, to say the world is more interconnected today than in generations past is erroneous. World trade as a percentage of GDP was higher in the 1920s and 30s.