TIE has been consolidating for months. Our guess is that there is a strategy developing to CRUSH the shorts on or before the release of the next earnings report due out in the next week or two.
T Boone owns 552,000 TIE Shares.
T Boone Pickens Interview On CNBC July 13th. - Calling For $80 Oil
If oil goes up so will the demand for Titanium (Ti) especially in aerospace!
July 14 (Bloomberg) -- U.S. stocks climbed for a third straight week, sending the Standard & Poor's 500 Index and Dow Jones Industrial Average to records, after takeover speculation swept through the metals industry and companies announced $49 billion of share buybacks.
Companies have announced about $1.4 trillion of takeovers and $466 billion of stock buybacks this year, according to data compiled by Bloomberg and Birinyi Associates Inc.
