It is $1.8 billion in cash and $200 million in stock. Am I wrong, but doesn't that dilute the shares of stock by issuing them stock?
I tend to agree, because I question if they purchased a quality company. This company was sold before, so I wonder, if it is such a good company then why sell? Just food for thought. It may not be retaining all those customers. Do some research and see if this was truly a good deal. Then decide if you want to invest or short. Just because they bought it, doesn't necessarily mean it was a great move on their part. It could actually backfire. Good luck to all on your decision.
There is one big question: If bashers are morons, what makes pumpers any different?
Yes, that is the pattern. Even longs don't believe in this stock. Thursday will be RAD's future. I think a painful future.
Sorry, I am mistaken. The dump will start this afternoon and continue the rest of the week. RAD will be in the 4's on Dec. 31, 2014. JMO
They are throwing everything at it, to try to keep the price up while they sell.
Seeing is believing. Time will tell. If it is so futuristic, then why is AA tanking as the market goes higher? Why in anyone's right mind would be selling AA? Why??????????????????????
Are you in the work force? I left the workforce 10 years ago and so did many of my co-workers. All of us were disgusted of the hardworking employees doing far more work to compensate for the entitled ones. And management continued with the charade. Once we got to the retirement opportunity, we left in groves. The entitled group was left and they could not keep up. They were not accustom to work 8 hours for pay of 8 hours. What a joke. Management at it's finest.
I wonder if Goldman sold Alcoa shares at it's high and everyone else are the bag holders. If I was Goldman, that's what I would have done. One other note. Everyone is projecting great grow and profit from Alcoa from contracts with Ford's engines, etc. The orders may never materialize or they won't be much at all. If the automotive industry slows down, which I am predicting, due to a massive amount of auto sales in the past, That will negatively impact Alcoa's profitable projections. Alcoa is at the mercy of others, to profit. Also, don't you think the auto industry is anticipating a slow down. A great majority of the manufacturers are offering 0 % interest for 72 months or 60 months. Maybe they are trying hard to minimize their inventory, in anticipation. Look around on the road, there are very few old cars. That should give a signal, that most people upgraded their cars and will not be buying new ones. Also, many companies have a freeze on pay raises. I know of one major company in particular, of no pay raises for over 8 years. How can average workers afford to go buy a new car for the heck of it. It isn't going happen. Try to look at the big picture around you. To listen to the talking heads on TV is insane. If the talking heads have all the answers, then why are they working on TV? They should take their own advice and be rich. YOU GOT TO THINK ABOUT IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I believe I read in past news that Goldman has warehouses of aluminum. They may have a motive to forecast that price of $22. I agree that it will see single digits, first. Read the past news. Our government has a 400 page documentation, it's under investigation, about they possibly manipulating the LME for the aluminum price to go up. Read for yourself and form your own conclusion. Question: Really, why was Goldman downgraded the other day? Think about it. All, just food for thought. Good luck to all, which ever way you go. Long or short.