Mueller Industries, Inc. stock discussion
MLI I want to be long but, there is a giant red flag from September 20th, there was a huge down day, and I'm not sure what the issue was. Maybe some execs or a major player liquidating on the high.I bought a small stake to test the waters (40 shares) since the price has contracted up nicely. I set a TP at 81. I'm wrong about 60% of the time, so this is not advice. happy trading.
MLI This company has alot of equity (less debt than i think i have seen in any public compnay), and two recent acquisitions. Any comments on their exposure to copper, and the amount of goodwill from recent acquisitions are higher than i would expect. I like the stock, own it, and am curious if their are some downsides I'm missing.
MLI long. I wrote up my rationale here:Idea:MLI -- long