[[GHM]] @ $80.07 was one of the stocks that I mentioned on last nights post.
I was looking to buy it today, but never got around to it due to the all consuming [[FNM]] mortgage bingo / lotto game and financial stock meltdown (again).
Lo and behold, GHM took the elevator up almost 10% today.
I will look to buy this animal on a pullback.
GHM is one of those boring industrial companies that makes shit that causes people to roll their eyes and fall asleep at the wheel. Stuff like steam jet ejector vacuum systems, liquid ring vacuum pumps and compressors, and oil-sealed rotary vane pumps. How about surface condensers for steam turbines? Yeah. I need to get me one of those.
Does anybody know WTF this shit is? (Besides you engineers out there).
Actually, it’s products are sold in a variety of industries including, oil refining, chemical, petrochemical, power, heat transfer processes and shipbuilding.
Fuck the iPhone, solar panels and PicoP projectors.
You need to get you a Wham-O Vacuum Sealed Pump Cleaning Turbine Condenser, or whatever the shit that thing is.
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