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| I don't follow the stock or own any shares but it's been talked about here on and off throughout the years. Bottom line is the company has a small market capitalization so it doesn't take much to make a relatively large move. Could be simply company leadership or a large shareholder cashing in some shares. I don't know, some mom and pop dealers that were bought out by titan were give shares as partial compensation with restrictions on when they could dump the shares, maybe on of those guys cashing out? Who knows.
I think they will hang in there. They seem to have been moving all of the old inventory used trade in stuff and cutting costs. Although the negative of that is the closing of some dealerships. Tough times all around in the equipment business. | |
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Titan Machinery?
