re: another rinka sp collapse catepillar one of the largest supplier of building materials had a very dissapoint profit report. they blamed it on a weaker building and housing market. i guess some of the bad news rubbed it onto rinker., but atm rinker still has not yet issued a profit downgrade, and they are buying back their shares almost whenever they can, i guess they belief rinker is undervalued.
if you think about it, it was $21 at all time high, and now $14, if there is a profit downgrade, it should not drop any further.
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