Thursday, July 19, 2007

Titanium Metals (TIE)

TIE has been in a rut for the past year. Trading in a range from $23 to $40 (keep in mind that TIE went from $1.00 to $40 in the previous 3 years).

This morning it is being reported that Annette Simmons (a 10% owner of TIE) has increased her shares by purchasing more shares in the amount of $829,207. Maybe a signal of a new upward leg coming? Inside purchases always need to be examined for clues. Just like I did with WWAT. I will do an analysis of the chart and post it here later.

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