This will be BULLISH for our Titanium Picks. TIE and ATI!
BTW - it was B of A who upgraded Boeing, and they have a target on TIE at $41. Will they upgrade TIE too?? Stay tuned.
Boeing Upgrade
TIE Recommendation
Thursday, May 24, 2007
Tuesday, May 22, 2007
Mrs. Simmons Converts $5,000,000 of Pfd into Common Stock
Why would someone convert a pfd stock into common shares??
Because the upside for Harold Simmon's wife's $5,000,000 in stock is worth more as a common stock vs. 6% pfd. Something could be in the works and therefore the common shares are the place to be in a takeover situation.
The last time Harold Simmons purchased $1,500,000 in common shares at $29 - the stock dropped a few days afterwards to the $28 level and confused some onlookers (as intended by hedgies shaking the trees for cheap stock) then the stock bounced to the $39 level on May 11, 2007.
Now, after his wife's recent filing for $5,000,000 in common shares, we see a slight drop and would expect the next few days will be followed up by a radical spike up to be witnessed by all.
Harold Simmons track record!
Click Here for Mrs. Simmons track record!
Her Dec 20, 2006 conversion of 325,000 @ $31 = $10,075,000 hit $39 on May 11, 2007 for a 26% return = $2.6 Million return!
Her July 15, 2005 acquisition of 65,000 shares or $3.5 Million Dollars at a split adjusted price of $6 hit $39 on May 11, 2007 for a 550% return = $2.5 million return!
Now - ask yourself, does her most recent conversion tell you something????
Answer: Yes. Load up on the stock and ride with the BIG money!
Because the upside for Harold Simmon's wife's $5,000,000 in stock is worth more as a common stock vs. 6% pfd. Something could be in the works and therefore the common shares are the place to be in a takeover situation.
The last time Harold Simmons purchased $1,500,000 in common shares at $29 - the stock dropped a few days afterwards to the $28 level and confused some onlookers (as intended by hedgies shaking the trees for cheap stock) then the stock bounced to the $39 level on May 11, 2007.
Now, after his wife's recent filing for $5,000,000 in common shares, we see a slight drop and would expect the next few days will be followed up by a radical spike up to be witnessed by all.
Harold Simmons track record!
Click Here for Mrs. Simmons track record!
Her Dec 20, 2006 conversion of 325,000 @ $31 = $10,075,000 hit $39 on May 11, 2007 for a 26% return = $2.6 Million return!
Her July 15, 2005 acquisition of 65,000 shares or $3.5 Million Dollars at a split adjusted price of $6 hit $39 on May 11, 2007 for a 550% return = $2.5 million return!
Now - ask yourself, does her most recent conversion tell you something????
Answer: Yes. Load up on the stock and ride with the BIG money!
Monday, May 21, 2007
Adding To Titanium Metals - TIE
This stock is ripe to be acquired and we feel that it is just a matter of time before someone steps up and takes out TIE in the $50 - $55 range.
Click: Takeover News
Click: May 14 (insider Filing)
Click: Takeover News
Click: May 14 (insider Filing)
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