Monday, December 04, 2006
Merger Mania Alert
The hot titanium trio; Allegheny Tech (ATI +6%), RTI Int'l Metal (RTI +4%) and Titanium Metals (TIE +5%) saw more follow-through M&A-related buying from last week. This should continue throughout the week until more definitive news is eventually released. This sector is hot, hot, hot!
TIE Short Squeeze Rating
TIE has a HIGH short squeeze rating of 78. Get ready for the fuel to hit the fire!
Click for Short Squeeze Info 7,600,000 shares are short!
ATI has a LOW short squeeze rating of 13. Many sharts have already covered here when the stock shot from the mid- $70's to $93! Yikes!
Click for Short Squeeze Info
The chart on TIE looks like it did back on Oct 4 when it ran from $23 to $34, a 47% run in 16 days! We are now only 4 days into this run! Hang on. TIE Chart
Click for Short Squeeze Info 7,600,000 shares are short!
ATI has a LOW short squeeze rating of 13. Many sharts have already covered here when the stock shot from the mid- $70's to $93! Yikes!
Click for Short Squeeze Info
The chart on TIE looks like it did back on Oct 4 when it ran from $23 to $34, a 47% run in 16 days! We are now only 4 days into this run! Hang on. TIE Chart
TIE and ATI on a TEAR!
The shorts will be certain to get squeezed hard as TIE approaches $40 and ATI $100!!!
Friday, December 01, 2006
Wednesday, November 29, 2006
Titanium Stocks Are in Play - ATI, TIE, RTI
SAN FRANCISCO (MarketWatch) -- The tight circle of U.S. titanium producers became the latest in the metals sector to catch the merger bug, as shares of Allegheny Technologies Inc. and others jumped Wednesday on word from aluminum giant Alcan Inc. that it would consider a deal.
Allegheny Technologies (ATI) shares surged as high as 8% to a new 52-week high of $89.49. Titanium Metals Corp. (TIE) jumped as much as 7.9% to $30.48. RTI International Metals Inc. (RTI) was last up 5.9% at $75.79.
Spurring the rally were early-morning remarks by the head of Montreal-based Alcan (AL), the world's second-biggest maker of primary aluminum.
In response to a question about future acquisitions, Chief Executive Richard Evans named titanium as one metals sector where Alcan would consider a purchase. The lure: Alcan already supplies aluminum to the aerospace market, one of the main buyers of titanium.
"We would be interested" in a titanium company, said Evans, adding that he was "not sure that this is the right time to be looking at that kind of acquisition."
Jetmakers are increasingly using titanium to build aircraft, as they try to cut down weight and improve fuel efficiency.
In mid-October, Pittsburgh-based Allegheny Technologies said that it had signed a $2.5 billion contract with Boeing Co. (BA) to supply the aerospace giant with titanium products over the next eight years.
An Allegheny spokesman declined to comment on Evans' remarks.
If Alcan does pursue a titanium maker, it will be reviewing a short list.
Russia's VSMPO-Avisma holds the biggest share of the milled titanium market, with a 31% stake, according to Citigroup Investment Research.
No. 2 producer Titanium Metals has an 18% stake; Allegheny holds 16% and RTI controls 7%, Citigroup says. The other major producers are based in Japan or Central Asia.
Alcan has also toyed with expanding in other metals.
"Everybody knows that we took a look at Inco and Falconbridge ," said Evans, who pointed out that he was glad his company ultimately shied away from trying to buy the Canadian firms.
Both of the nickel makers were the target of competing bids that that left their initial would-be buyers empty-handed.
________________
Also - Allegheny Tech predicts strong specialty metals demand
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Reuters U.S. Company News
4:30 p.m. 11/29/2006
NEW YORK, Nov 29 (Reuters) - Allegheny Technologies (ATI) on Wednesday said it expects strong growth in the specialty metals sector, including titanium, driven by the build-up of global infrastructure.
Allegheny Chairman and Chief Executive Pat Hassey at a Bear Stearns conference said the "infrastructure built around the world in the global economy needs specialty metals."
Hassey also said the titanium business has come back, with companies boosting titanium production.
"We can very authoritatively say that as we view this market from 2005 on to 2009, we are putting in new capacity, moving up about 84 million pounds of mill products," said Hassey.
Titanium is used by aerospace and military markets.
Shares of Allegheny gained 7 percent, or $5.81, to $88.60. Shares of Titanium Metals (TIE) gained 7.7 percent, or $2.17, to $33.42. RTI International Metals (RTI) stock climbed 5 percent, or $3.56, to $75.16 on late trading in the New York Stock Exchange.
Allegheny Technologies (ATI) shares surged as high as 8% to a new 52-week high of $89.49. Titanium Metals Corp. (TIE) jumped as much as 7.9% to $30.48. RTI International Metals Inc. (RTI) was last up 5.9% at $75.79.
Spurring the rally were early-morning remarks by the head of Montreal-based Alcan (AL), the world's second-biggest maker of primary aluminum.
In response to a question about future acquisitions, Chief Executive Richard Evans named titanium as one metals sector where Alcan would consider a purchase. The lure: Alcan already supplies aluminum to the aerospace market, one of the main buyers of titanium.
"We would be interested" in a titanium company, said Evans, adding that he was "not sure that this is the right time to be looking at that kind of acquisition."
Jetmakers are increasingly using titanium to build aircraft, as they try to cut down weight and improve fuel efficiency.
In mid-October, Pittsburgh-based Allegheny Technologies said that it had signed a $2.5 billion contract with Boeing Co. (BA) to supply the aerospace giant with titanium products over the next eight years.
An Allegheny spokesman declined to comment on Evans' remarks.
If Alcan does pursue a titanium maker, it will be reviewing a short list.
Russia's VSMPO-Avisma holds the biggest share of the milled titanium market, with a 31% stake, according to Citigroup Investment Research.
No. 2 producer Titanium Metals has an 18% stake; Allegheny holds 16% and RTI controls 7%, Citigroup says. The other major producers are based in Japan or Central Asia.
Alcan has also toyed with expanding in other metals.
"Everybody knows that we took a look at Inco and Falconbridge ," said Evans, who pointed out that he was glad his company ultimately shied away from trying to buy the Canadian firms.
Both of the nickel makers were the target of competing bids that that left their initial would-be buyers empty-handed.
________________
Also - Allegheny Tech predicts strong specialty metals demand
--------------------------------------------------------------------------------
Reuters U.S. Company News
4:30 p.m. 11/29/2006
NEW YORK, Nov 29 (Reuters) - Allegheny Technologies (ATI) on Wednesday said it expects strong growth in the specialty metals sector, including titanium, driven by the build-up of global infrastructure.
Allegheny Chairman and Chief Executive Pat Hassey at a Bear Stearns conference said the "infrastructure built around the world in the global economy needs specialty metals."
Hassey also said the titanium business has come back, with companies boosting titanium production.
"We can very authoritatively say that as we view this market from 2005 on to 2009, we are putting in new capacity, moving up about 84 million pounds of mill products," said Hassey.
Titanium is used by aerospace and military markets.
Shares of Allegheny gained 7 percent, or $5.81, to $88.60. Shares of Titanium Metals (TIE) gained 7.7 percent, or $2.17, to $33.42. RTI International Metals (RTI) stock climbed 5 percent, or $3.56, to $75.16 on late trading in the New York Stock Exchange.
Friday, November 17, 2006
Tuesday, November 14, 2006
More On Delphi (DPHIQ)
Delphi said on Sept. 26 that 20,100 United Auto Workers members, representing 61 percent of its employees, accepted buyouts. The announcement suggested Delphi's restructuring may be achieved quicker than forecasted.
The stock should continue to lift soon. Hold on. If it breaks down sell.
The stock should continue to lift soon. Hold on. If it breaks down sell.
Motorola Is On A Buying Rampage. Will They Eventually Buy Covad (DVW)?
Motorola is in a solid position to make several acquisitions. As of the end of the third quarter, the company had more than $3 billion in cash and cash equivalents.
Motorola To Buy Netopia For $208M, Or $7 A Share. Netopia counts among its customers AT&T Inc. (T), BellSouth Corp. (BLS), Covad Communications Group Inc. (DVW) and Swisscom AG (SCM).
Motorola To Buy Netopia For $208M, Or $7 A Share. Netopia counts among its customers AT&T Inc. (T), BellSouth Corp. (BLS), Covad Communications Group Inc. (DVW) and Swisscom AG (SCM).
Wednesday, November 08, 2006
Monday, November 06, 2006
Buying With Both Hands On Delphi - Accumulate Now
David Tepper owns 52,000,000 shares of Delphi - DPHIQ or 9% of the stock and is sure to be seeking a seat on the board to turn the company back to a $4 - $6 stock in the near term.
1) See Link
2) See Link
3) See Link
When Delphi reaches their agreement with the UAW and GM to help with their mountaing losses and they emerge from bankruptcy a cleaner debt free company profits will soar and so will the stock.
Hang on.
1) See Link
2) See Link
3) See Link
When Delphi reaches their agreement with the UAW and GM to help with their mountaing losses and they emerge from bankruptcy a cleaner debt free company profits will soar and so will the stock.
Hang on.
GM Says Delphi Deal May Come Soon
In the meantime the sophistocated traders are hitting the bids in attempts to bring in more cheap shares before running the stock back up to new highs. This is called a "wash out" and hope it's only temporary. This is how the game is played. Delphi is probably a $4 - $6 stock longer term now that new contracts and debts are being erased and re-negotiated.
Wednesday, October 25, 2006
Monday, October 23, 2006
Delphi (DPHIQ) Continues To Run Like A Freight Train
Compared to Visteon - stock symbol VC...Delphi could trade back to the $8.00 level over the long term. After all, Delphi will emerge as a much cleaner company after emerging from bankruptcy and renegotiated UAW contracts at lower wages. We wouldn't be surprised to see someone step up and make an offer for this stock soon. It's just too cheap at these levels.
Thursday, October 19, 2006
Wednesday, October 18, 2006
Apple Is Poised To Rocket On News of Earnings!
Apple Profit Up 27 Pct., Beating Estimates - Expect Short Covering!
Tuesday, October 17, 2006
Monday, October 16, 2006
Arch Coal (ACI) Is Running Strong!
Hoping to see the $40 - $50 level soon enough when the MACD breaks through as seen on the weekly chart.
See Chart
Looks similar to what happened to Broadwing!
See Similar Breakout Chart
See Chart
Looks similar to what happened to Broadwing!
See Similar Breakout Chart
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