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05-19-2008, 08:16 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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LECO
Lincoln Electric...
What a great company! Run like no other and all they seem to do is grow and make more earnings.
They run under the concept of all supervisors are voted for by the other workers and your annual bonus will often times be equivalent to your annual salary. Perhaps proof that Communism can work hand in hand with Capitalism. JMO
Lincoln Electric Holdings Incorporated. The Group's principal activities are to design, manufacture and distribute arc welding and cutting products. The Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The welding products offering also include regulators and torches used in oxy-fuel welding and cutting. The products of the Group are sold in domestic as well as international markets. The manufacturing facilities of the Group are located in the United States, Australia, Brazil, Canada, England, France, Germany, Indonesia, Ireland, Italy, Mexico, the Netherlands, People's Republic of China, Poland, Spain, Taiwan, Turkey and Venezuela.
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05-28-2008, 11:30 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Anyone?
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06-23-2008, 01:57 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Well it was around $77 when I mentioned it, now over $86.
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06-24-2008, 05:47 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Feb 2005
Location: Lou-evil
Posts: 2,025
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Is this the online version of IBD?
__________________
"These walls are kind of funny. First you hate 'em, then you get used to 'em. Enough time passes, gets so you depend on them"
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06-25-2008, 08:52 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I don't get it? Was that an attempt at humor?
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07-02-2008, 11:22 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Again, didn't bother to update, but dumped all this LECO on 6/23 around $85 and change. No one seemed to care.
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07-07-2008, 02:18 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Support here around $71.37 although I don't know if it'll drop that far. This really is a great company. Currently $72.78. I'm waiting, but probably should be buying here. A stop around $69 would probably be a good idea. JMO.
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07-23-2008, 09:26 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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 WOW! I took a flyer on the earnings report and bought a bunch yesterday in the $74 range. Opened today near $86, so I sold half. All in a days work.
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07-29-2008, 08:56 AM
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#9
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Just to update, I bought back my whole position again at $79.71. May be a bit early (could pull back to around $75), but I really love this company! In my opinion, this is one of those stocks to hold for a lifetime. JMO.
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07-29-2008, 08:59 AM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2006
Posts: 12,483
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__________________
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)
This Thread is USELESS without pics.........:)
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07-29-2008, 09:04 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I know!
Hey, a stock opens up $11 in a day, and how can ya' not sell and buy back?
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08-06-2008, 01:19 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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On the move again! WOOOWOOOOOO!
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10-27-2008, 10:38 AM
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#13
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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I can't believe this stock has gotten so beaten up! I really think this stock is an incredible buy at these prices. Currently $36.42 and on the long term support line.
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10-29-2008, 09:22 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Posts: 1,052
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Nice little pop to start out with. Now over $40.
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