Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Bullboard Posts
Comment by burrowsjon Nov 01, 2007 3:15pm
207 Views
Post# 13735136

RE: Can someone explain to me how

RE: Can someone explain to me howBringing the price down is either selling or shorting, period. In this case it appears to be shorting. Why? Well because if you or I wanted to unload stock we would let the momentum build i.e. good news release and gently sell into it. In this case, house 1 and house 33 didn't let any momentum build, in fact, they went out of their way to ensure that some of the retail investors and day traders went home with empty pockets. In the next couple of days the short position will be available, we will know for sure then. Shorting takes place largely for one of two reasons: 1.) If a company is over valued astute investors will short and in fact cover or buy the shares at a lower price, taking home the difference. 2.) If some party(ies) are interested in accumulating a position in a company via stock in the open market or forcing a company to do a financing, shorting can be used to trash the companies SP. A short squeeze is used to screw the shorts. An example of this could be that Canaccord wanted to short AOS to kill the SP thinking that they could pick-up the shares cheaply (as us retailers sold) and be in a position to get a cheap financing with AOS (as no big news is fore casted until drill results). The squeeze comes into play when AOS mgmt. and some institutional get together buying stock driving the SP up, eventually the shorters have to cover at a huge loss which drives the SP even higher.
Bullboard Posts