a great time to buy a $tock is around,..or near a buc.........
esp. if they get Billion dollar contract$ ,...or a 2.2. BILLION DOLLAR LIFELINE..., cause when when it will be 6/7 buc$....u will have 6/7 times ur money,...after a year,..15% capital gain$ tax.......at around a buc and a half,....u still will make a 4 bagger................. 247% eps growth??.....42 % $ale$ growth?? uhm,...this reminds me of a company called "$print".........c u @ 2 buc$ plu$ next week.
It should be a solid clue to you that a when a company NEEDS A LIFELINE, there is a reason.....and you seemed to have skipped right past the part of how such a company gets to 6/7 dollars a share.
It is great that ALU got the money from Goldman, but instructive that they still much more or they would not be selling the Sub Cable unit or the Enterprise Unit. In other words, the company believes they need more money.
I am long ALU and would love to see 6 or 7 again, but seeing how they have only barely begun the 2013 restructuring, and the stock is still stuck around $1.70, and the company is expected to have substantial losses in 1Q and 2Q, it seems pretty unlikely that we will see such a move by the stock anytime soon.
And all this assumes that they can successfully restructure the company.....their 2nd or 3d attempt in the last 4 years.