Alcatel-Lucent (ALU -3.2%) falls towards the $1 level once again thanks to a downgrade to Sell...

Alcatel-Lucent (ALU -3.2%) falls towards the $1 level once again thanks to a downgrade to Sell from UBS. The firm is worried about weak fixed-line capex in Europe, a lack of a recovery for Chinese demand, and the need for asset sales to address the company's debt obligations. UBS has been (accurately) voicing concerns about telecom capex for a while.
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Comments (6)
  • serge9
    , contributor
    Comments (497) | Send Message
    Only now, UBS wake up?
    what is the real motive behind this announcement from UBS?
    RBC has put a Zero value on Alu stock months ago
    why did UBS waited till today to change their rating to a sell?
    those guys must have a hidden agenda (Kill ALU)
    whenever this stock is about to move up, one of those analysts come up with negative thing to kill ALu
    we all know that ALu may sell a non profitable unite
    the management announced that they may sell a non profitable unite back in July
    only today UBS came up with this as if it is something new?
    I do not know who pay those analysts, the company they work for, or the ones who are shorting the stock and want Alu dead
    1 Oct 2012, 03:34 PM Reply Like
  • serge9
    , contributor
    Comments (497) | Send Message
    UBS employees and X UBS employees has history of manipulating Interest rate ...
    Ex-UBS traders offered deal in U.S. probe been investigated


    JPMorgan and UBS in LIBOR Investigation
    UBS manipulated the price of trillions of assets worldwide


    is today announcement has any thing to do with Alu stock price manipulation, who can verify that matter
    if the SEC was a awake, things would have been different with ALU stock price
    but since it is a French company, the SEC keep their eyes closed
    and ALU stock price become a good play ground for Manipulators


    this announcement from UBS is suspecious,as the company ( name is not clear from involvment in stock price manipulation
    1 Oct 2012, 03:50 PM Reply Like
    , contributor
    Comments (16) | Send Message
    In my opinioin UBS is manipulating the stock so that their friends can buy in at a low price before they raise the rating. The company name should be separated U and BS.
    1 Oct 2012, 09:12 PM Reply Like
  • light12ray
    , contributor
    Comments (2) | Send Message
    I agree with the above two comments. There is too much negative information from short sellers. ALU is vulnerable to the shorts as there is very little institutional ownership because of the low stock price, It is up to the many individual investors to stay long in the company through these attacks. There is a lot of value in ALU if they continue to get the necessary financing to survive.
    2 Oct 2012, 06:02 PM Reply Like
  • othn
    , contributor
    Comments (4) | Send Message
    UBS has been guilty of this for several years on this same stock. An investigation is in order.
    2 Oct 2012, 10:01 PM Reply Like
  • Tombaum eister
    , contributor
    Comments (203) | Send Message
    UBS is generally negative on French equities. If you go through all CA40 stocks, you will see that UBS recommends selling at leat 80% of them such as FTE,EDF,CARREFOUR,PEUGEOT and etc.
    Those stocks are at their low of a lifetime, but UBS thinks theystill should be lower. I think indeed, UBS caters to its hedge fund clientele by asking its analysts to dump shares their treasured hedgie clients want to buy on the cheap!!
    3 Oct 2012, 11:58 AM Reply Like
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