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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

Comment by ok2buyon Feb 26, 2013 3:30pm
121 Views
Post# 21044711

RE: Real question is...

RE: Real question is...

Well your post certainly indicates one way of looking at things.  But how about this, perhaps an investor sees AOS @ $0.07/share and decides they want in at that price.  Perhaps they buy, but don't commit to what they see as their full position in AOS.  In other words, they are going to accumulate in 2 or 3 increments.  Now the stock becomes available at $ 0.055/share - which represents about a 21 % discount to what you paid at 7 cents.  If you liked it at 7 cents, you certainly like it that much more at 5.5 cents and you buy again.  At some point in time though you will have accumulated your entire position and draw a line in the sand, not willing to buy now even if it does drop more.  Then again, sometimes it doesn't hurt to have a stink bid in just in case the bottom totally drops out one day and you are still a fan of the stock. LOL!  My point is, everyone has a strategy when they are playing these penny stocks./ok2

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