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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 fcabreseon Apr 05, 2012 7:58am
170 Views
Post# 19761930

RE: RE: 230 K shares up for grabs at 14.5 cents

RE: RE: 230 K shares up for grabs at 14.5 cents

I wouldn't be surprised if there's more than a couple of people who making some weekend play money by playing this half cent and cent differences.  Buy 20000 shares at 14c, sell at 15c and you've got $200 you didn't have yesterday.  Volumes have been so low and since there's nothing coming from the company, I'd say that's all this is.  I mean, who would dump AOS at 14-15c share?  The first shares I purchased of AOS a few years back were at 14c....so you all know I'm underwater, and I'd say the vast majority of shareholders are underwater on this one.  Dumping at 14c is fine if you don't mind losing money.  I'm ready to admit that AOS hasn't been the success story I was hoping it would, but the company is worth at least the amount of cash it has in the bank....and the real estate has to be worth something.  Once AOS gets approval for AOS, share price is going to be higher than 14-15c.  I'm not selling.  Not buying anymore either.

Bullboard Posts