Farm Equipment - Allis Chalmers Energy

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Allis Chalmers Energy

Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=23068
Printed Date: 20 Feb 2025 at 2:39pm
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Topic: Allis Chalmers Energy

Posted By: TomIn
Subject: Allis Chalmers Energy
Date Posted: 30 Dec 2010 at 8:53am

Does anybody have any idea why Allis Chalmers Energy stock is soaring these past few weeks?

Replies:

Posted By: Bob-Maine
Date Posted: 30 Dec 2010 at 9:02am

No, but I better check my online trading account. Bought a few shares, and I mean a few, several weeks ago. Maybe I'm finally rich :>) Bob@allisdowneast

Posted By: Dick L
Date Posted: 30 Dec 2010 at 9:11am

Soaring???

It has not soared above what I paid for the stock I have. It does look a bunch better than the two sumpin it set for a spell.

Bought like dealing in old tractors though. By high, put a bunch of money inem, alls ya kin get is about half of at. Done alla da time by us real smart money guys.

Posted By: Bob-Maine
Date Posted: 30 Dec 2010 at 9:14am

Yep, I'm rakin in the dough. Bought 10 shares of ALY a few weeks ago for $6.30 a share plus $7.00 brokerage fee. That's an even $70.00. Trading today for $7.06. So I have "made" $0.60. But if it gets above $7.70, I can sell and make a "profit" after paying the $7.00 fee. Good thing I only do this for fun. Bob@allisdowneast

Posted By: Bob-Maine
Date Posted: 30 Dec 2010 at 9:17am

Dick, I hear you. My stock trading hobby has yielded more profit than my tractor buying/fixin up hobby. Bob@allisdowneast
and just so no one gets the wrong idea, I haven't made big bucks on stock.

Posted By: 427435
Date Posted: 30 Dec 2010 at 10:01am

It could be other things (like a yet unannounced drilling contract), but it's probably following the price of oil up.

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Mark

B10 Allis, 917 Allis, 7116 Simplicity, 7790 Simplicity Diesel,
GTH-L Simplicity

Ignorance is curable-----stupidity is not.

Posted By: gleaner1
Date Posted: 30 Dec 2010 at 4:14pm

definitely a good thing as bought in below 4 bucks. NICE

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ALLIS CHALMERS "The color is orange"

Posted By: wheatbreeder
Date Posted: 30 Dec 2010 at 4:42pm

yea it going as the crude goes up

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Farm stuff 8050,6690,175,F2,5050,WD

Posted By: Steve M C/IL
Date Posted: 31 Dec 2010 at 11:24pm

As the dollar goes down....thanks monitary policy dumdpoor word choicees.

Posted By: SHAMELESS
Date Posted: 01 Jan 2011 at 3:00am

yeah..i bought 1500 shares of level 3 years ago...lost my A** on that! think i settled out for $136.00 after all the fees were paid!

Posted By: 620Doc
Date Posted: 01 Jan 2011 at 9:21am

What is the current status of Allis-Chalmers Energy? I read it was bought out by another company. Then heard the deal was not yet settled. There was speculation that the name and logo could be sold. Does anyone have any insite on this?

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Every day is a holiday. Every meal is a banquet.