Opinion on  SPX Corp. (SPW)     Sector: Capital Goods  >  Industry: Misc. Capital Goods
SPW too many banks and investors buying and selling of SPW

Very big company, bought up a few other companies,  my opinion is I would have expected more of a climb on SPW after OIL started to correct itself this week. Looking at SPW in recent news shows too many companies buying and selling of SPW like a hedge funds. Sorry but I tend to like to go with companies that make profits from their proven performance, products and services NOT how many others buy into the companies to push the stocks over night or loss in the morning.

I would like to see a trend from SPW that it does not somewhat match by lead or lag performance from what the OIL trend is doing, at least for more then a month.