Thursday, December 21, 2006
Highland Capital Partners Battles With Appaloosa Management To Get Contol Of Delphi
Delphi goes through the roof today!!!
Wednesday, December 20, 2006
Apple Looks Oversold Here
See the chart. Stock is on the moving average line. We should bounce at any time!
Click here
Click here
Tuesday, December 19, 2006
Monday, December 18, 2006
Morgan Stanley's Ups Target On AAPL To $110 Up From $90
Apple expects 57,000,000 iPods to be sold in 2007.
Wednesday, December 13, 2006
Delphi Stock On The Move
UPDATE 1-China's Weichai Power eyes Delphi assets - exec
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Reuters U.S. Company News
08:53 a.m. 12/13/2006
By Fang Yan
SHANGHAI, Dec 13 (Reuters) - Chinese diesel engine maker Weichai Power Co. Ltd. is interested in buying assets of bankrupt U.S. auto parts maker Delphi Corp. (DPHIQ), Weichai's executive director said on Wednesday.
"We are interested in Delphi's assets as their technologies are the best in the industry," Xu Xinyu told Reuters on the sidelines of a business forum. "We might have some cross-border acquisitions next year."
A deal would give Weichai a foothold in North America, a market many Chinese auto makers and parts suppliers have been eyeing.
But any move by the Chinese company to acquire Delphi's component business could spur opposition from U.S. labour unions and politicians fearful of more job losses and the transfer of technologies to China, analysts say.
In an effort to slash costs and emerge from bankruptcy protection, Delphi, a former General Motors (GM) unit, said earlier this year that it aimed to sell or close by the end of 2007 non-core product lines.
Delphi said these could include brake and chassis systems, cockpits and instrument panels, door modules and latches, and steering and wheel bearings.
Xu did not say which assets his company is particularly interested in.
Hong Kong-listed Weichai, which competes with companies like Cummins Inc. (CMI) to supply engines to the world's second- largest auto market, had in September announced a plan to also list on the Shenzhen Stock Exchange, after privatising its unit Torch Automobile Group Co. Ltd.
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Reuters U.S. Company News
08:53 a.m. 12/13/2006
By Fang Yan
SHANGHAI, Dec 13 (Reuters) - Chinese diesel engine maker Weichai Power Co. Ltd. is interested in buying assets of bankrupt U.S. auto parts maker Delphi Corp. (DPHIQ), Weichai's executive director said on Wednesday.
"We are interested in Delphi's assets as their technologies are the best in the industry," Xu Xinyu told Reuters on the sidelines of a business forum. "We might have some cross-border acquisitions next year."
A deal would give Weichai a foothold in North America, a market many Chinese auto makers and parts suppliers have been eyeing.
But any move by the Chinese company to acquire Delphi's component business could spur opposition from U.S. labour unions and politicians fearful of more job losses and the transfer of technologies to China, analysts say.
In an effort to slash costs and emerge from bankruptcy protection, Delphi, a former General Motors (GM) unit, said earlier this year that it aimed to sell or close by the end of 2007 non-core product lines.
Delphi said these could include brake and chassis systems, cockpits and instrument panels, door modules and latches, and steering and wheel bearings.
Xu did not say which assets his company is particularly interested in.
Hong Kong-listed Weichai, which competes with companies like Cummins Inc. (CMI) to supply engines to the world's second- largest auto market, had in September announced a plan to also list on the Shenzhen Stock Exchange, after privatising its unit Torch Automobile Group Co. Ltd.
Tuesday, December 12, 2006
AAPL Chart from Dec 15, 2005 Thru Jan 15, 2006
Will AAPL 's stock performance repeat itself again in late December through January?
See Last Year's Chart
RSI is at the 50 level and would not consider selling until we reach the "green" overbought area at the RSI 90 level.
See Last Year's Chart
RSI is at the 50 level and would not consider selling until we reach the "green" overbought area at the RSI 90 level.
Monday, December 11, 2006
Apple Stock Expected To Advance In Anticipation Of New Products That Are Expected To Be Announced Soon
Our guess is:
iPOD cell phones - a deal with Motorola or Nokia?
iTV products that will bridge the Internet with your TV or computer?
More iTunes music and new iTunes movie download services?
iPOD cell phones - a deal with Motorola or Nokia?
iTV products that will bridge the Internet with your TV or computer?
More iTunes music and new iTunes movie download services?
Prediction: Costco and Best Buys #1 Selling Items
The iPOD and iTunes gift cards!
Lesson #1: If you like the product and everyone is buying it (ie. iPODs)....BUY the stock.
Lesson #1: If you like the product and everyone is buying it (ie. iPODs)....BUY the stock.
AAPL IS OUR FAVORITE PICK
Short term target $93.
LT target $130 level or when notified or indicated as overbought on the RS chart at the 90 green level. Currently, we sit at the 55 level. See Chart
LT target $130 level or when notified or indicated as overbought on the RS chart at the 90 green level. Currently, we sit at the 55 level. See Chart
Peeling Off Some TIE and ATI - Buying AAPL On Recent Drop
iPods are flying off the shevles my friends. Strong iPod sales seen for kids, Mom, Dad and friends. Expect AAPL to break PAR or $100 by January.
Would be a buyer of TIE in the low $30 range if it gets there.
Would be a buyer of TIE in the low $30 range if it gets there.
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).
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