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  1. #1
    Join Date
    Nov 2005
    Posts
    919

    Trane/AS stock question.

    Anyone have any input on what caused the nose dive in July?

    http://ir.americanstandard.com/stock.cfm

    What's the deal there qtip?


    Enlighten me.


    .
    IlovemyjobIlovemyjobIlovemyjob....say it with me now!

  2. #2
    Join Date
    Sep 2002
    Posts
    2,637
    In mid july wabco spun off from An std If you owend Am std at that time you got 1 wabco at $54 for every 3 AmStd There is one more spin off after that the stock will be called Trane a smaller money making company and a prime target for take over the stock is a BUY BUY BUY

  3. #3
    Join Date
    Oct 2003
    Location
    Michigan
    Posts
    706
    Quote Originally Posted by coolperfect View Post
    In mid july wabco spun off from An std If you owend Am std at that time you got 1 wabco at $54 for every 3 AmStd There is one more spin off after that the stock will be called Trane a smaller money making company and a prime target for take over the stock is a BUY BUY BUY

    Yea that....About eight years ago the stock split 2 or 3 for 1( can't remember the exact amounts ) at around $80, then proceded to rise again for another split. As stated above American Standard and Trane are now seperate companys.
    Beware of the prophet trying to make a profit.

    There is less oxygen from knee level to the floor! Check it out next time you tie your boots.

  4. #4
    Join Date
    Sep 2002
    Posts
    2,637
    A split has nothing to do with Am std selling their plumbing and truck control business it is all there click on the links above quoat page

  5. #5
    Join Date
    Nov 2005
    Posts
    453
    Quote Originally Posted by x-wrenchturner View Post
    Anyone have any input on what caused the nose dive in July?
    I think they were giving bribes to Iraq...no wait that was somebody else.

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