Wednesday, May 09, 2007
Titanium Metals (TIE) Jumps Higher on Renewed Takeover Speculation
Titanium Metals - TIE Running Hot Today - Holding
(TIE37.23, +2.77, +8.0% ) jumped as much as 10% Wednesday!
Something seems to be in the works and there is 6.6 Million shares short
or 11% of the float on this stock. It could get exciting, so stay tuned!
12:33pm 05/09/2007
Monday, May 07, 2007
Who Will Step Up And Buy TIE?
Alcoa and Alcan Stocks Pop Today
Friday, May 04, 2007
Wednesday, May 02, 2007
All Eyes Are On Delphi, AKAM, IGT and TIE Today
Wednesday, April 25, 2007
Apple - Sell, Sell, Sell in AH ($102 - $103 range)
Like AMZN, this GAP should close like last quarters debacle the next morning on the opening....a $10 point drop!
The risk does not warrant the return of holding for a few more points up if there is any more upside?
Tuesday, April 10, 2007
Alcoa Reports Strongest 1st Quarter Income in Company History
- Income from continuing operations of $673 million or $0.77 per share.
- Income from continuing operations excluding restructuring of $691 million or $0.79 per share.
- Revenues up 11 percent from a year ago to $7.9 billion.
- Highest 1st quarter cash flow in Company history and a more than $700 million improvement from year-ago quarter.
- Debt-to-capital ratio within target range at 30.9 percent while continuing significant investment in strategic growth projects.
- ROC including major growth investments of 12.7 percent; excluding growth investments, ROC was 15.6 percent.
- Downstream businesses deliver strong results.
- First electricity flows to new Alcoa Fjardaal smelter in Iceland today.
Friday, April 06, 2007
Spotlight On Some Of Our Stock Picks
Alcoa Chart
TIE Chart
ATI Chart
Akamai Chart
American Movil Chart
Apple Chart
Delphi Chart
IGT Chart
EEM Chart
Tuesday, April 03, 2007
Alcoa Alert
Thursday, March 29, 2007
Sunday, March 25, 2007
Worth A Post...Mexico Drug Raid Yields $205 million in U.S. cash
Click To Read the Story
Friday, March 23, 2007
Huge Volume On Alcoa - AA In The Last Hour
266,600 Block Buy Order at $34.19 at the close
Wednesday, March 21, 2007
Tuesday, March 20, 2007
Monday, March 19, 2007
AA Big Block 245,000 Buy At the Close!
Here's hoping for a Buyout at $45!
AA Chart - Bullish, Bullish, Bullish! The MACD Crosses Up Today
Thursday, March 15, 2007
Alcoa Jumps Another 3%
Saturday, March 10, 2007
Friday, March 09, 2007
Alcoa News, JP Morgan Analyst Sees Buyout Talk as Credible
Looks like its just a matter of time....possibly days??
Thursday, March 08, 2007
BULLISH DELPHI NEWS
Tuesday, March 06, 2007
Today We Got The Bounce We Called Yesterday
Alcoa Alert
Monday, March 05, 2007
Mortgage News Has The Markets Spooked Again
Based On Fibonacci calculations...we would expect:
TIE to bounce to $37 - $38
AA to bounce to $34 - $35
ATI to bounce to $105 - $107
Thursday, March 01, 2007
TIE News: Harold Simmons Buys Another 325,800 Shares
Filing states....The 6-3/4% series A convertible preferred stock, par value $0.01 per share ("Series A Preferred Stock"), of the issuer is convertible into shares of the issuer's common stock at any time at the rate of thirteen and one-third shares of the issuer's common stock for each share of the Series A Preferred Stock. Accordingly, on December 20, 2006, the reporting person converted 24,435 shares of Series A Preferred Stock into 325,800 shares of the issuer's common stock.
Wednesday, February 28, 2007
Alcoa Still A Huge Takeover Candidate
-------------------------
China's demand for copper remains strong
Robust appetite for metals points to unshaken industrial base, analysts say
Last Update: 6:23 PM ET Feb 28, 2007
SAN FRANCISCO (MarketWatch) -- So much for the Shanghai shudders. China is still likely to expand its consumption of copper and aluminum by at least 9% this year, said Citigroup Wednesday, a day after worries about a possible slowdown in the world's largest consumer of the metals triggered a global market rout -- with mining stocks hit particularly hard.
Analyst John Hill forecast Chinese copper demand will increase 9.2% this year, reversing a drop last year when Chinese copper users worked down domestic stockpiles.
Growth will likely speed up again in 2008, increasing 15%, as the country's demand for the conductive metal used in building pipes and wiring continues to expand, Hill predicted.
Likewise, China's aluminum consumption should expand by 15.5% this year, lighter than last year's growth rate, but still putting it firmly ahead of all other global users.
"We remain ardent adherents of the commodity supercycle," Hill wrote in a research report, referring to far-reaching, multi-year trends in the commodities market.
He added: "[we] do not believe that metals are artificially-inflated, supply-threatened, or cyclically 'cooked.'"
Still, he qualified that optimistic outlook by saying commodities are entering "a more mature phase" that places a premium on metals companies that show internal growth.
The Markets Will Soon Be Back On Track
Discussing market operations, he said, "They seem to be working well, normally."
In what might have been a reference to Greenspan, Bernanke said there did not appear to be just one cause for Tuesday's sell-off.
The possible causes suggested by analysts ranged from a record drop in China's Shanghai index, a surprisingly weak U.S. manufacturing report and weekend comments by Greenspan that raised the possibility of a U.S. recession by year's end.
Tuesday, February 27, 2007
Alcoa Upgraded Today - BUY
Credit Suisse said it also raised its price targets on aluminum companies Alcoa Inc.
The brokerage, in a research note, raised its price target on Alcoa to $42 from $35.
Monday, February 26, 2007
Block Trade of 462,900 Shares Of Alcoa (NYSE - AA) At The Close
Wednesday, February 21, 2007
Tuesday, February 20, 2007
More Huge Buying On AA At The Close
IGT's Reversal Is In Full Motion
IGT Chart
Next Target $47 - $48 Level and will be helped by an influx of business brought on by March Maddness, which makes this a good time to be in gaming stocks now.
Monday, February 19, 2007
From Barron's Online
BARRON'S
By Tom Sullivan
If Australia's BHP Billiton or Britain's Rio Tinto hopes to buy Alcoa, the
American aluminum giant, as was rumored last week, they might have to pay a lot
more than $40 billion -- the price tag attached to the rumors. Sure, that tab
would represent a 33% premium to Alcoa's current $30 billion market value, but
it doesn't begin to reflect the turnaround afoot at the Dow industrials
component.
Barron's has been a fan of Pittsburgh-based Alcoa for some time (see "Alcoa's
Shiny Prospects," Aug. 8, 2005, and "Pricing Outlook Bright for Alcoa," Jan.
22, 2007). Yet the stock, for all its gyrations, did little from the date of
our first story, when it traded at 28, until this January. Indeed, Alcoa (AA)
has returned just 4%, dividends included, in the past five years, compared with
North American rival Alcan's (AL) total return of 65%.
Tuesday, Alcoa jumped as much as 10%, to 36.05, on takeover speculation, but
ended the week around 34.50, suggesting Wall Street sees no deal in the offing.
That would suit John Buckingham, manager of the Al Frank Fund (ticker: VALUX),
fine. "The ship is sailing the right course," he says, "but this is not the
time to be selling the company."
Buckingham, whose firm owns 162,000 Alcoa shares, understands why BHP and Rio
Tinto might be interested in a deal, especially at a bargain price. After all,
he says, "the ugly duckling is now a swan." But he views a bid of $55 a share,
or about $48 billion, as a much fairer price for Alcoa holders. Alcoa has
dismissed the takeover talk, while BHP and Rio Tinto didn't comment.
An acquisition of Alcoa would help both BHP (BHP), which calls itself the
world's largest diversified-resources company, and Rio Tinto, an international
mining concern, consolidate their positions in the aluminum industry. Aluminum
has underperformed other metals, in part because China produces 30% of the
world's supply. But the market has found support from commercial construction
and the transportation/aerospace sectors, CreditSights said in a recent report.
Investors in Alcoa, which makes Reynolds Wrap, Dura-Bright car wheels and
Spout Pouch beverage containers, as well as aluminum for industrial uses, can
expect to benefit. The company is likely to earn $3.03 a share this year,
compared with last year's $2.96. Alcoa trades for 11.4 times '07 estimates and
yields 2%.
In January, Alcoa announced plans to buy back up to 10% of its shares, in
part via debt. That prompted credit-rating agency Standard & Poor's to lower
its rating on Alcoa to triple-B-plus -- two notches below the rating the
company's debt received from rival Moody's Investors Service.
Yet the yield margins, or spreads, on Alcoa's bonds narrowed a bit in active
trading after the takeover reports surfaced; the company's 5.95% bonds due 2037
narrowed by three basis points (a basis point is 100th of a percentage point)
to 106 basis points over Treasuries with comparable maturities. That's despite
talk that the deal might be done as a leveraged buyout.
"It's a doable deal," says Eric Tutterow, managing director at Fitch Ratings,
implying Alcoa is not too large to be swallowed. "With a name like that . . .
there would be a lot of support in the high-yield and leveraged-loan markets."
A $40 billion acquisition would trump last year's record $39 billion buyout
of Arcelor by the Netherlands' Mittal Steel (MT). But Alcoa shareholders could
be counting even more millions before any deal is done.
Friday, February 16, 2007
Thursday, February 15, 2007
Wednesday, February 14, 2007
Buyout May Still Be In The Works On Alcoa - AA
We are hoping that the buyout of Alcoa - AA (if it happens like we think it will between $43 - $45) could look like the recent buyout of Molecular Devices.
See Chart on MDCC
Tuesday, February 13, 2007
A 92,600 Block BUY Trade On AA At $35.00 At The Close!
Tape Action:
Another 50,000 block trade at $35.00
Another 125,000 block trade at $35.09
Buyout Rumors Surface On Alcoa - AA
The shorts will feel a lot of pain when AA stock hits $37 - $38!
The continuous huge buy orders tells us that the rumored buyout may be real.
A serious Short Squeeze looks imminent.
Monday, February 12, 2007
One 18,000 Block Buy Order On AAPL Seen On The Tape
Citigroup upgraded the stock earlier today with a BUY rating and target of $105.
Wednesday, February 07, 2007
A Lot Of Rumors Running Now On Apple - AAPL
| MarketWatch 3:42 p.m. 02/07/2007 By Frank Barnako Something's happening here. Apple Inc.'s computer-meister is plotting something big. Really big. Like ... maybe ... new Beatles tracks we haven't heard ... which will be sold through iTunes and will not be protected by digital rights technology. |
| There was much speculation Apple (AAPL) would use last month's MacWorld to announce the addition of Beatles music to iTunes. Instead, Steve Jobs held up an iPhone, loaded with Beatles tunes, while Beatles graphics and music play onstage. Presumably the tracks came from his CD collection. (Yeah, right!) |
| Apple Recon has also reported there will be some sort of Apple "event" on Feb. 20. This has not been confirmed by the company. (In an earlier version of this post, I said the company had formally scheduled an announcement for the end of the month. I was wrong.) There is lots more speculation about Apple and that date here. |
AAPL Is Poised To Run - Possible Start Of Short Squeeze!
Tuesday, February 06, 2007
Monday, February 05, 2007
From TIE Investor Relations
59% of their mill product shipments went to the commercial aerospace industry
16% to military
21% to industrial
and 5% to emerging markets
Furthermore, Boeing is not their largest customer, but a good customer
More info will be disclosed when they file their 2006 10-K by March 1, 2007
Auto Parts News: Billionaire Carl Icahn Offers To Buy Lear Corp For $2.43 Billion
Friday, February 02, 2007
Canada to pay C$3.4 billion for strategic airlift
Boeing: BA - After Hours Trade - 295,800 shares trade at $90.48!
Nevada Man Wins Largest Penny Jackpot in History
| LAS VEGAS, Jan 31, 2007 /PRNewswire via COMTEX/ -- A Nevada resident became a multi-millionaire this afternoon when his penny investment paid off on Penny Megabucks(R) at the Pahrump Nugget Casino. He hit the MegaJackpot(R) for $18,799,414, the largest penny slot jackpot ever won. |
| "On my way over to the casino this morning," said the anonymous 66-year-old man, "I actually thought about playing Penny Megabucks(R). I don't know why because I normally play video poker. So after rolling several practice games, I went to have lunch and on the way back to the lanes, I stopped to play Penny Megabucks(R)." |
| "I put in $100 and after playing $44, I saw five eagles line up and thought I had won about $3,000," he added. "Then I looked up, and the large jackpot on top of the machine had switched from $18 million to $10 million. Then I knew I had won something big." |
TIE Blow Out Earnings News Pending
| In the meantime read this... TIMET Announces New Long-Term Supply Agreement and Sale of Joint Venture Interest |
DALLAS, Jan. 2 /PRNewswire-FirstCall/ -- Titanium Metals Corporation ("TIMET") (NYSE: TIE) today announced that it has completed the sale of its 43.7% interest in Valtimet SAS, a manufacturing joint venture between TIMET, ValTubes SAS, Sumitomo Metals Industry and Sumitomo Corp formed in 1997 for the manufacture of welded stainless steel and titanium tubing. TIMET had contributed its wholly owned titanium tubing facility to the Valtimet joint venture in 1997. ValTubes SAS acquired TIMET's interest in Valtimet SAS for $75 million cash and TIMET will report a pre tax gain on the sale of its interest in Valtimet of approximately $39 million in its fourth quarter results. TIMET and Valtimet also entered into a new long-term agreement pursuant to which TIMET will supply up to 2,500 metric tons of titanium strip annually to Valtimet for use in the manufacture of welded titanium tubing. Steven L. Watson, TIMET's Vice Chairman and Chief Executive Officer, said, "This sale transaction allows us to monetize our minority non-controlling joint venture interest position in Valtimet at an attractive value and redeploy the proceeds into expansion of our productive capacity or other growth opportunities in our core and emerging business segments that we believe will provide the opportunity for an increased return on investment. The new supply agreement provides us the opportunity to continue to participate in the welded tubing market segment on attractive terms. After application of the proceeds of the sale to pay down our bank borrowings, we will have no net debt. We have a strong balance sheet and significant sources of capital and liquidity to allow us to capitalize on capacity expansion projects across all stages of our production process and invest in other growth opportunities as we continue to respond to the long-term positive outlook across major current and emerging markets." |
Thursday, February 01, 2007
Multi-Billion Dollar Aerospace Orders Expected From Canada On Friday
Be Good.
TIE: Titanium Metals is sharply higher for a second day after the WSJ noted the heavy insider buying at the company.
... In the meantime the stock is being manipulated to shake out weak shareholders. We would be a Big buyer in here!
TIE Chart
Harold Simmons BUYS and Keeps Buying! What does he know that you don't know??
TIE could see $40 soon.
Money Flowing From ATI Into TIE
Wednesday, January 31, 2007
Will TIE Get Bought Out?
Chart on MDCC
Likely candidates: AA, NUE???
Tuesday, January 30, 2007
Oil Rallies - Good News For Metals Stocks, ATI, TIE, AA
In an aggressive attempt to shore up oil prices, the WSJ reports that Saudi Arabia -- which has already dropped its oil output -- will cut production a further 158,000 barrels/day effective Feb. 1, bringing its total cuts since last summer to 1 million b/d. This is nearly double the total cuts it agreed to during OPEC summits, and brings its output to "around 8.5 million b/d." Saudi oil officials say more cuts are on the way, but have been careful not to pinpoint a price target. Roger Diwan, an analyst at PFC Energy, a Washington industry consultancy, says this: "They are defending prices from falling below $55 quite aggressively... The Saudis, they don't talk a lot, so look at what they do, and that will give you the whole story." Yesterday crude traded down $1.41 to $54.01/barrel when the outgoing Saudi ambassador to the U.S. said current price levels are "adequate to meet the requirements of producing and consuming countries," and dismissed speculation that Saudi Arabia was trying to drive prices down in order to hurt Iran's export revenues.
This Is Worth A Re-Post
TIE Chart
Harold Simmons BUYS and Keeps Buying! What does he know that you don't know??
TIE could see $40 soon.
Metals Stocks Are Leading The Pack
Alcoa Inc. (AA) was upgraded to overweight from equal weight at Morgan Stanley, which cited expectations of sustainable improvement in smelting and margin expansion in its downstream businesses. Analyst Mark Liinamaa also raised his stock price target to $40 from $30, his 2007 earnings estimate to $3.21 a share from $2.75 and his 2008 earnings forecast to $3.12 a share from $2.77.
We Would Be Strong Buyers Of TIE At These Levels
We sense that some money from ATI and RTI is rolling into undervalued TIE today.
TIE Chart. Buy or Hold until RSI is at 80 - 90 level and the MACD level is at +3 - +4.
TIE has been trading in a channel since July and should break out of the channel around $37 - $38 level.
Insider Buys - Click here!!!
We'll keep you posted.
Monday, January 29, 2007
Sunday, January 28, 2007
Saturday, January 27, 2007
Thursday, January 25, 2007
We Are Waiting For Good Earnings On TIE Stock
TIE Chart
Harold Simmons BUYS and Keeps Buying! What does he know that you don't know??
TIE could see $40 soon.
Wednesday, January 24, 2007
Prudent Speculator Newsletter - Mentions AAPL
Tuesday, January 23, 2007
Monday, January 22, 2007
Thursday, January 18, 2007
Tech Sector Is Hit Hard Due To Intel
Also - Paid bashers (paid by hedge fund shorts) who sit on stock message boards all day and night long and post a negative comment over every positive statement that is made so don't even waste your time there. This is much bigger business than you think. You see shorts prey on negativity and emotions and that translates into multiple millions.
Apple stock should be at $105 with these impressive numbers, so don't throw in the towel just yet. For those who want to sell, wait for the euphoria to hit on some news of either a:
2:1 Stock Split
iTV Announcement
Stock Upgrades
other positive news relating to the "NEW" Apple.
Be Good. We Love AAPL.
EST
The Sell-Off In AAPL Shares Seems Overdone
Be smart. Buy the dips, and sell on the euphoria.
Wednesday, January 17, 2007
Delphi Is Raring Back - DPHIQ
This stock has some BIG players who are holding the majority of the shares. Look for new highs soon if you can hold out.
Wait For The 2:1 Split News On Apple
When you think that you have this all figured out, think again. Wall Street will always surprise you.
Apple Reports Record 1Q Profit
The results beat the estimates of analysts surveyed by Thomson First Call, who expected Apple to earn 78 cents a share on revenue of $6.42 billion.
iPod sales estimates were 15 million iPods and the number came in at 21 million.
Hold on, Apple stock could see $100 by Friday!
Friday, January 12, 2007
Thursday, January 11, 2007
Here Is A Key To Successful Trading - See How Your Stock Fares With Insider Activity
Insider Trading Activity
Wednesday, January 10, 2007
Listen To This!
| Titanium: Alcoa credited robust demand from the aerospace industry where production is "expected "to remain near historic highs for several years to come." |
| ATI, RTI, TIE: Aerospace products producers rallied with Alcoa. |
This is what we are talking about. A world-wide shortage of Titanium and with the multi-billion dollar orders given to Airbus and Boeing for new planes, the demand for Titanium should remain high for several years to come!
We Suspect That Hedge Funds Are Holding TIE Stock Down
Get ready for a MAJOR POP in the stock soon.
Tuesday, January 09, 2007
We Have Been Pounding The Table On AAPL For Weeks! Finally The Good News Is A Reality - iPhone is Announced
Friday, January 05, 2007
Tuesday, January 02, 2007
Goldman Sachs Upgrades Apple Computer Stock
Friday, December 29, 2006
Soon Apple Products Will Be Everywhere!
Set top box due out in early 2007
Breaking with Apple's tradition of not announcing unreleased products, Steve Jobs said that the company will release a wireless, set-top box for the TV called iTV. It will be approximately half the size of the Mac mini, and the iTV will feature Ethernet, 802.11g, USB ports, component video, optical audio, and HDMI ports. It will work with the Apple Remote and sport an interface much like that of Front Row.
iTV will allow music, TV shows, and movies residing on a computer to play on a television in another part of the house with what Jobs describes as instantaneous access. It is slated to ship during the first quarter of 2007 and will retail for $299.
"Apple is in your den now," says Jobs. "Apple is in your living room. Apple is in your car. Apple is in your pocket." Will Apple be in your wallet?
Also - look for exciting stuff as Macworld EXPO starts on January 8.
AAPL target $100+ in January in our opinion now that the cloud has lifted today with the scare of the options probe that was with out a doubt played out in the media by the shorts who needed to get apple's stock lower to cover at a profit!We are BULLISH on AAPL. You should be too.
More Apple News
In a 10-K report filed with the Securities and Exchange Commission early Friday, Apple said it recorded $84 million in noncash expenses to account for backdated stock options.
The relatively small restatement was a BIG relief to investors, but their main cause for celebration centered around Jobs, whose future had been called into question as details of the stock option irregularities have come to light.
The filed statements with the U.S. Securities and Exchange Commission that took pains to exonerate Chief Executive Steve Jobs from wrongdoing in the company's handling of stock options from 1997 to 2002. A special committee appointed by Apple's board "found no misconduct by current management," the company said in a lengthy explanatory note attached to its yearend financial filing. That reiterated remarks made by Apple in October, and it was exactly what many investors and analysts wanted to hear. In early afternoon trading, Apple's shares got a 5% boost, to $84.93.As upbeat as the tone was toward management, the documents nevertheless underscores concerns over the way Apple handled options, which were used by many companies in recent years to compensate employees, and have become the target of widespread investigation. The practice of backdating, or changing a grant date to artificially boost the value of the option, can skew results by understating compensation costs and overstating profit.
Apple said its own probe turned up "a number of grants for which grant dates were intentionally selected in order to obtain favorable exercise prices," and that Jobs was "aware or recommended the selection of some of the favorable grant dates." Jobs "did not receive or financially benefit from these grants or appreciate the accounting implications."
Al Gore, the former US Vice-President and chairman of the special board committee, and Jerome York, chairman of Apple’s audit and finance committee, said: “The board of directors is confident that the company has corrected the problems that led to the restatement and it has complete confidence in Steve Jobs and the senior management team.”
The company admitted that it had falsified records to show that a board meeting on October 19, 2001, had approved the awarding of 7.5 million stock options to Mr Jobs. In fact, no meeting took place on that day and the records were fabricated, the company said.
The market applauded the Apple report, however, and seemed to share the company’s view that Mr. Jobs had been exonerated as the shares surged more than 5 per cent by midday on Wall Street.
Tuesday, December 26, 2006
Macworld iPhone and iTV News
We think the hedge funds are deliberately pushing Apple stock down before the Macworld convention in early January. Buying on any dips could be a prudent move as most analysts have a $100 Target on AAPL stock!
Thursday, December 21, 2006
Highland Capital Partners Battles With Appaloosa Management To Get Contol Of Delphi
Wednesday, December 20, 2006
Apple Looks Oversold Here
Click here