Noranda Aluminum Acquisition Corporation -- Moody's places Noranda's ratings under review for possible downgradeat Moody's (Wed 4:55PM EST)
Hopefully this will get Kip off his #$%$ ? The new CFO will come in handy . I will be adding on any pull back. BTW it might be Kips swan song Then watch this stock it will head north on the news he has been let go .imo ?
Unless the Aluminum market tanks... NOR has time to fix this... debt not due until 2019 (and covenants do not trigger a default). And, we are still cash positive today. Not sure why we are taking a 9% haircut today???