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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 17, 2007 3:36pm
316 Views
Post# 13824672

RE: RE: RE: RE: Big Volume again

RE: RE: RE: RE: Big Volume againYes I agree with you that if there was one seller with a large position to sell that a large cross would make the most sense. That is why this trading has been so puzzling to me. You could maybe say I am giving Joe Blow investor too much credit but I seriously do not see any way thousands of investors can think that selling at these levels is a good idea. We are well below the price where the last PP was done. That almost always signifies a floor for the stock price. Only a few houses have been on the sell and they have sold millions of shares over this time period. This is also a good indicator that it isn't wide spread selling. If it were wide spread then on a given day you shouldn't be able to predict where the selling will come from. Another reason for my small # of sellers theory is I haven't seen any downgrades of AOS to explain why many people would dump. Most sales have been in the 50 000 share range sold in one chunk and these shares have been picked up by different buyers. It appears to me like someone or a few people with large positions are blowing off their positions and there isn't enough interest in oil sands right now to find a buyer willing to do a large cross. I am just giving my two cents on the pattern I notice. Some of you think I am out to lunch and I think this talk about shorting is out to lunch. Once we see the short sales next week we'll find out. I am actually hoping it is short sales as I would love them to lose their shirts by shorting a stock like this. I'm going to paste Friday's trades as long as this crappy new stockhouse can handle that. You'll probably have to scroll down to see them.

Bullboard Posts