trik396

As of a few minutes ago, Cummins (CMI), our beloved engine manufacturor, shot up over 20% in early trading. Cummins is up over $30 in the last week. This is a spectacular performance for any company. This would be a great increase for an IPO or a whiz bang high technology stock, let alone an engine builder.

Once again I was caught snoozing and had all money tied up in other stocks... Kicking myself as I speak...

Jan26,07 stock price was $60.70..... Today it's trading at $103...WOW!!!

JyRO

Stocks ... humph! Why does everybody think they have to buy "a stock" in order to be "an investor." Silly, me thinks.

whereswaldo250

Well I should have gotten Stocks in our beloved company I hope it keeps gaining

trik396

Never said you had to buy stock to be an investor. Anything you have time with and care about is an investment. My dog is an investment...

wreedCTD

I was going to invest 10k in them when i bought the truck! Man i feel stupid now.

belgianmagic

We have stock in Mobil-Exxon...Keeps going UP+UP+UP...Like fuel prices

berner

There's a real shortage of Cummins-Onan Portable Gensets in the mining/oil industries right now. Could have something to do with it.

SOhappy

and somthing to make it stick

berner

What's all this about?

PoorMansCat

This probably has something to do with Cummins entering into the natural gas compression market. I got to see one of their NG engines the other day with an Ariel behind it... sounded pretty smooth and looked like it was well designed, too soon to tell about reliability/durability though.

redspider

their stock bought my truck and then some.

farmer0_1

saw the same move in cummins was set up to buy came withing a couple bucks of my auto buy price then the company announced earnings and it shot thru the roof. praa has made me some money this month.

Don M

The Cummns stock is partly climbing because there is talk of a bigger engine company buying them.

Any guesses?

trik396

The main reason it rose significantly was the fact that earnings were expected to be around 86cents a share but came in at a whopping $1.42 a share blowing away expectations on the street. I have not heard of rumblings of a takeover/buyout but who knows....

trik396

Holy crap... could it be Fiat?