Ed. This goes to show you just how many MORONS there are out there. No wonder OBAMA was elected twice. Pitiful, just pitiful!!!!
I have written a couple of blogs 'suggesting' that a whale or two could enter the company. Well, it happened.
And even Citi is jumping on board. Looking at the prospects this company has and the possibility that China and Russia will curb production the future looks bright. If one is a value investor this company makes sense.
It could take a couple of years but capital appreciation is a good bet here.
....and if you bought in early June of LAST YEAR you are still 'in the red' and substantially down prior to that. Such is the life of volatile biotech's. Expect to get 'burned' either way.
Unbelievable. From roughly $2 per share last week to over $45 today. I know one small 'short' investor lost over $140,000 over night. This is why one must NEVER short a stock. Infinite downside! Longs who played this even after the announcement have amassed a huge amount of money.
Need this for 20 days in any 30 day consecutive trading period for the conversion to take place
saving us a lot of preferred divi's to Buffett.
Plethora of momentum. Company doing all the right things to create shareholder value. Once it breaks ALL TIME HIGHS could see the $70's within 6 months.
Man, what a LOSER! This has destroyed a lot of longs. Devastating!
The person to run the upstream business has been named and he is currently with the company. Don't recall his name but he is
highly experienced. His name was mentioned in the news release of the split.
I've bought a lot of this stock in the last 6 months and it has proven to be a loser. Could go lower but way too late to sell. Will not buy anymore shares going forward. I'll just hold for a couple of years and (hopefully) it will be higher then. The Chinese are just killing this industry and this company is still looked upon as strictly an aluminum company. Cramer's opine a couple of months ago 'about the new company' was so off the mark. Of course, he's not so sanguine now (he's never consistent about any company).
Why does EVERYONE keep asking DUMB questions and answering DUMB questions. There are NO details that have been announced as dictated by management more than a couple times. These 'details' are forthcoming probably in early 2016.
A steering committee has been formulated (as dictated by management) and are discussing details TO BE ANNOUNCED to shareholders once finalized. WHAT DO YOU PEOPLE NOT UNDERSTAND ABOUT THIS? Why is this so difficult to understand????????
And when it's $10 a share you will get a 2% yield (and it will grow as the price descends -- assuming it continues paying the divi)....
Sitting at critical 4 1/3 year low. Breaks that then stock going lower. Probably best thing to do is let this thing settle for a few days before initiating position (if you are convinced and bold enough to do that).
Don't discount this. It will probably happen and value of company will be enhanced dramatically. This is good 'pickens' for some whale looking for a great opportunity to make a lot of money....
She will if there is any credence to these stories. Investor confidence will be gone. Warren will open the door and politely 'kick her in the rear end'.
Today's volume was nearly 3.5x normal 30 day. This is scary and will entice more to sell. You never know what is going on behind the scenes. Some just 'sell' and ask questions later. Tough to hold a stock like this not to mention buying it.
And he's really taking a beating. Just today alone lost nearly $ 480 MILLION. High was $216 just a couple of years ago. But he's getting a heavier percentage divi. The more it drops the 'heavier' the divi! And he can buy more like he has done in the past on these severe plunges. Buy more to lose more?
Wow! Gosh, I have probably responded to this type blog 20x. China could care less about profit. They produce at a LOSS. The government subsidizes companies producing aluminum. They're dumping their product worldwide. Their intent is to keep jobs. Absolutely NUTTY logic but that is the way these MORONIC Chinese leaders think. Meanwhile, other producers around the world are cutting capacity due to the low aluminum prices including American ones. Something will happen to reverse this trend but how and when is anyone's guess. And the upstream business is suffering and affecting profits.
It has been voiced by the company that no details will be released probably until early '16. So whoever responds otherwise does NOT know about what he/she is talking. Good luck.