Seeking Alpha

After trading near breakeven much of the day, Alcatel Lucent (ALU +7.9%) shot higher in...

After trading near breakeven much of the day, Alcatel Lucent (ALU +7.9%) shot higher in afternoon trading, rising all the way to $1. There hasn't been any news to spark the move, though the struggling telecom equipment vendor could benefit from a Sprint/SoftBank deal if it boosts Sprint's 4G LTE capex - Alcatel is one of the suppliers for Sprint's LTE buildout.
Comments (7)
  • doughman88
    , contributor
    Comments (7) | Send Message
    well you, some body must need to buy later. this is a great company, so go ahead and buy and be HAPPY.
    11 Oct 2012, 05:56 PM Reply Like
  • Leo50
    , contributor
    Comments (131) | Send Message
    This stock is so beaten down such that a .07 jump is nothing. It has a long to go back up even to $2, that is doubling its current value!
    11 Oct 2012, 07:27 PM Reply Like
  • bd4uandu
    , contributor
    Comments (2038) | Send Message
    It came back to where it was a couple of days ago.
    11 Oct 2012, 08:14 PM Reply Like
  • tsb10530
    , contributor
    Comments (212) | Send Message
    ALU has a long, long way to go to be a great company. Their only claim to fame is that they acquired Bell Labs, who under AT&T was truly great. Bell Labs spawned 12 Nobel Prize Laureates in their 75 year history (1925 to 2000) providing the basis and expertise for their astounding R&D patent development.


    ALU has done nothing but make bad business decisions and run the American Bell Labs component into the ground. They are nothing more than a French holding company. All the creativity and innovation (light radio, core routers, etc) has come from the American Bell Labs component. ALU would not even be a player on the world stage without Bell Labs. Ever since their inception, ALU upper management has shown itself to be totally incompetent as confirmed by their pathetic business record over the past 6 years.
    11 Oct 2012, 10:21 PM Reply Like
  • TimothyF
    , contributor
    Comments (223) | Send Message
    After seeing the price drop 30% in 3 weeks it was about time.


    What will be the effects of the report about ZTE and Huawei? In the US, Canada and several european countries this become an issue.
    12 Oct 2012, 04:15 AM Reply Like
  • TimothyF
    , contributor
    Comments (223) | Send Message
    Its going towards 8% gain today. Volume, with another 30min to go is 70% more than average day. CAC40 (French market) is unchanged.


    Anyone has a clue why?
    12 Oct 2012, 11:07 AM Reply Like
  • serge9
    , contributor
    Comments (473) | Send Message
    it is all a super computer Game.
    order are created, placed by super computers, then canceled or changed to a sell from a buy or from a buy to a sell in less than 1/4 of a second before the order is executed.
    so we are playing against a super computer programmed to trick investors and take a way their money either by scaring them to sell or tempting them to buy
    those computer places 200 (time x number of shares), then 400, then 1.000 buy (or Sell) orders then immediately they cancel the orders before the order get executed.
    this is how they trick us to buy or sell
    they can make a huge amount of money daily on 1/4 of a cent x millions of shares, repeated many times daily
    mysterious transactions


    i am long ALu and i belive this manipulation will some how lessen or end in time to come
    12 Oct 2012, 01:57 PM Reply Like
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