ALU landing contracts left and right, billions in the bank (though of course still billions in debt), and now an upgrade from Bernstein. Any other company would have popped on all this. ALU just bobbs there in the water like a dead, rotting body. It's sad. Its frustrating. It's f-ed up. Nobody seems to want to buy into this company.
And customers are learning about the super high prices Cisco is charging.. .. the word is getting out on Cisco.. 110 Million vs 20 Million.. 20k per router for a small town.. ALU's margins need to be more aggressive.. but.. they don't need to rip customers off like cisco.
Couple more days like today (up days) and you will see this stock Jump up
By more then 10% in a single day….
The Investors are looking for this kind of direction before they Jump in…
One the stock keep on going up… the volume will increase significantly
Certainly frustrating. But WS wants to see if ALU is now for real. The movers and shakers want to see the money. For me, I think they are for real, and I have been steadily increasing my position at these low prices. Fortunately, for myself, I can afford to be patient. If you are not in a cash crunch, hang in there.
Sentiment: Strong Buy