TIE Due Dilligence.
TIE was not in compliance with the NYSE once one of their directors left the company for personal reasons on June 5th - Norman Green. Family problems.
http://yahoo.brand.edgar-online.com/fetc...
A fund or funds were selling to reduce their risks based on these material events even though the company is solid and this problem was in the works to be resolved. Now, TIE has signed a new director and they are in complete compliance. His name is Terry Worrell. As a result of the registrant’s appointment of Mr. Worrell to its board of directors, the registrant (TIE) believes that it has cured its deficiency under Section 303.A.01 of the NYSE corporate governance listing standards and is now compliant with that section.
http://yahoo.brand.edgar-online.com/fetc...
Hold your TIE shares to $45 - $50. ATI shares To $140. They will get there eventually. I've been doing this too long and I know that TIE as well as ATI aren't going out of business anytime soon. If TIE stock continues to drop, Harold Simmons knows that his company will be acquired. Maybe that's what is really happening here anyway?
Wait it out and be patient all.
