If the European market goes up so will alu. Alu.pa was up .03 euro at 4:00 am this morning. The Greek news turned everything around. What t's me off is we're not seeing more upgrades. Excellent 4th qtr and optimistic 2012 forcast by ceo should equal rise in pps. If you flashback to 2nd qtr report our ceo was very pessimistic about the remainder of 2011 and 2012. I feel pretty good about the future of alu but you can't do anything about mm's, hedge fund managers and corrupt so-called analysts which are catching up to lawyers as the biggest bottom feeders in the world.
You can't beat the market with ALU. The only way you can do this and not worry is to buy protective puts on a long position or just simply stick your head in the sand and let big money play it's maximize profit games on the way up and on the way down. I don't do options myself.
If you believe in this companies turn around like the millions of shares that are being held in mutual funds, they Ride the coaster and not complain.
It took sometime for me to recognize this. Simply, when ALU executes and brings in Revenue and reduces its debt, it will prosper with its innovations. I think there will be a day where we are all caught off guard and the stock runs Higher on blowout earnings. Group think can hold down innovation for only so long.