Price/Volume Surge: Titan Machinery (TITN)

Posted in General 
June 16th, 2008

Titan Machinery, Inc. (NASDAQ: TITN) is seeing a surge in trading today.   The ag-equipment player reported earnings and boosted its expectations out to 2009.  Shares are up 10% at $30.87 at 10:31 AM EST.  This was one of the few post-IPO’s we have noted that is up in excess of 50% in 2008.  We have also nearly hit 1.6 million shares and its average trading volume is about 594,000 shares.

Post-IPO Trading: $11.50 to $28.23

OPTIONS:   YES

Market Cap: $525 million.

Jon Ogg

June 16, 2008

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