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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 vlieton Nov 16, 2007 4:18pm
174 Views
Post# 13822019

RE: RE: Big Volume again

RE: RE: Big Volume againHuge volume the last several days.  Finally it seems we have found the price where the big boys will support the stock.  I still don't see an end to the selling yet.  I was still seeing 20K share trades right up to the end of the day.  Once those big block sells dry up then life should get really interesting.  Regarding the short sales.  I would be very surprised to see a large short increase in this stock.  I think people often overthink things when a stock falls.  This is not a stock that had negative news or an overly inflated run up therefore this is not a candidate for the big players to short.  I see this as someone with a very substantial position is for whatever reason getting out of the stock.  You never like to see someone decide to cash out especially the way this has been done but the upside is the buyers are willing to step up with some serious cash.  I am thinking that one seller is selling through multiple houses.  I just can't see why multiple houses would want to sell at these prices.  Then again maybe it's me who's overthinking things.  We'll know when the short sales come out but I am betting that there is little if any increase.
Bullboard Posts