no reply button, wb...
I don't know what to tell you. the french bailing could be any of a number of things -- pink slips being handed out....someone mentioned a ruling (on the layoffs) due tomorrow, which could be expensive... my optimism all comes back to the activity in TX. if you're on the brink of bankruptcy, you don't invest in a new facility and plan to fill it with employees without a dang good reason.
I agree there are more positive explanations for why a company would want to lease a large space than negative ones. I would feel better if this were a company with a history of being a hawk on cost controls, but their willingness to absorb personnel costs way beyond what is acceptable by any of their profitable competitors still worries me that this is one of Ben's grandiose dreams. When a stock rises or falls sharply for no apparent reason, there is usually an unapparent reason. I hope that is wrong this time. Good luck.
??? BK?....I mean...Even if ALU continues to burn cash they are able to pay all the debt till 2015 (Till 2015 Alu should pay about 2 Bil US$ but ALU has 6 BIL cash) THey have NO problems to pay their suppliers so....if you bet a BK you should reconsider the date....Maybe 2015/2016 if the global economy continues to stay in Recession during the next 3/4 years...Actuallly NOW Alu CANNOT go BK....they can just sell all the assets and dismiss it...in that case you could get about 2.3 US$ per share.
That's a good question, wh00. I have been trying to figure it out too. I am hoping it means they are spinning off IP and Austin will be their new headquarters. That company's stock would trade at $1.25-$2.00 and provide a base for our investment, no matter how low ALU goes. But my question remains, if the Austin report means something good, why don't they tell us? Why would they allow the shares to get killed unless they believe that's all they are worth?