In the last 3 days there is smart money movement in ALU (it is possible to see it with “ I Know First” system) May be it was connected to ALU patent portfolio valuation? Any thoughts? Thanks
C12, I hope you're right. My frustration is enormous and I'm experiencing max pain. Nothing seems to change the bias on the stock and every penny we lose, it's another nail in the coffin for my finances.
On top of that.. France would not allow it.. they would protect it... Much like France would stand off of a ALU buyout.. France would need to be onboard with it to protect it. The buyout would cost additional than share offer and create hassle of buyer.. Big guns like apple, google, or china could pull it off.
I thought ALU was moving to norway for tax breaks and open any possiblities.
I share your frustration. But BK is out of the question.
The company is poised for growth in 2012/2013 with new G4-LTE and LightRadio.
This one needs patience, but will be rewarded in multiple.
All in my opinion of course.
It's the natural consequence of such fast paced bleeding. In a few more sessions we'll shed a few more billions in market cap. There will be no more cash flow for operations and since we're already in the hole as far as debt, I see no other recourse than BK.
very interesting. I took a second look at my charts and you are right. Something big is also seen in the chart.
I just noticed something unusual in my charts.
1) Last 2 days = the lowest volume in a week
2) last day = a higher low on lower volume.
A lower low is usually on higher volume. So this is an indication that panic selling has dried up. The higher low suggests heavy buying.
Also the last 5 days has seen high relative strength compared to the SP500. This is a favorite time for Market Maker to sneak heavy buying of a stock - under cover of a sharp decline.
So bottom line - I agree with you.