Thursday, July 26, 2007
We Are Adding Haynes Int'l To Our List
ATI - Conference Call
Titanium is used in many many aspects of the new Boeing 787 and Airbus Commercial Planes! Click: To Hear Call
Tuesday, July 24, 2007
Alcoa News - New York Times
.........
Some in the mining industry maintain that BHP is the only company with the means to buy Alcoa, probably in the $50 billion price range, given Rio Tinto’s offer for Alcan.
Mr. Meyer, however, said it might be possible that two other huge companies — Anglo American, the diverse South African-founded conglomerate now based in London, or Companhia Vale do Rio Doce of Brazil, which bought the Canadian nickel company Inco last year — may also have designs on Alcoa.
On Monday, the Brazilian company announced plans to build an alumina refinery in the northern part of the country with Hydro, a leading Norwegian producer of aluminum. It said in a statement that it had “strategic focus on bauxite and alumina.”
Representatives of Alcoa and BHP both declined to comment, although reports last week from Australia suggested that BHP was not interested in bidding for Alcoa.
But an executive with knowledge of Alcoa’s strategy, who spoke on condition of anonymity, said the company received a buyout offer, most likely from BHP.
The timing remains the unknown.Phantom Shares - By Bloomberg
Click: For The Report "Phantom Shares" Part 1
Click: Part 2
Click: Part 3
Classic Manipulation Before A Buyout
See the news? Now go see the last 10 day chart and 2 month chart on RYI and you will see that this stock was "gamed" (alledgedly) going into the last few days before an announcement that was released today . Negotiations started in February. Why? To get a better price I'm sure. What's your take?