Quote:
Originally Posted by ironworks
What is your take on Snap On. They go up and down in big moves almost daily. But man it got more hammered lately then I would have thought. Are they more international then maybe I thought?
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They ran up pretty far - pretty fast - and their dividend is small - so you're relying on all share price growth. In a down market - or jittery market - people pull money out of where they have big gains FIRST... everyone is loathe to sell losers.
Great company - great name... the share price might have run a little too far is my guess.