Seeking Alpha
  • mepa84
    $NOK: A really ugly day for $ALU. Is the decline specific to ALU or all infrastructure Communication companies $ERIC are going to decline?
    Jan 9, 6:26 PM
    Reply (33)
    • Paul@Jersey: $ALU decline seems more related Europe. Also could just be some analysts setting up shorters to drive the price down-like with $MU
      Jan 9, 8:04 PM
    • Andreas Hopf: $ALU already down again 2% in Europe. Here, the Deutsche Bank downgrade is taken seriously. The sentiment is very negative suddenly.
      Jan 10, 3:59 AM
    • Andreas Hopf: $ERIC similarly lackluster. Storytelling in news is that ALU, ERIC and NOK have a very hard time with China growth stopping. Also, there...
      Jan 10, 4:03 AM
    • Andreas Hopf: profit-taking, because the overall market is in a less good shape and several report along the lines that the big decline is imminent.
      Jan 10, 4:03 AM
    • Andreas Hopf: Last month storytelling was: 4G/LTE growth is inevitable. Now storytelling is: not so soon. I think, everything IT is in Limbo now.
      Jan 10, 4:05 AM
    • jamesingram32: you holding then AH ?
      Jan 10, 5:00 AM
    • jamesingram32: you'll enjoy this Swedish story
      Jan 10, 5:01 AM
    • Andreas Hopf: I actually bought a lot of ALU after the big drop.
      Jan 10, 5:40 AM
    • Andreas Hopf: It's called "snus" and is forbidden in the EU outside Sweden and soon in Asia, too : (
      Jan 10, 5:41 AM
    • jamesingram32: you bought a lot of snus after the ALU drop :p no seriously, I respect your judgement, hence the question.
      Jan 10, 5:53 AM
    • jamesingram32: ALU wiped out my AAL gains yesterday, when we agreed on the sanity or lack of this move. we may have to wait till results to quash this
      Jan 10, 5:54 AM
    • jamesingram32: lucky i already sold my jan calls, and replaced with Apr....
      Jan 10, 5:55 AM
    • Andreas Hopf: I continue, occasionally, accumulating companies I believe in. I will actually hold $AMD through earnings this time again and read the call.
      Jan 10, 6:29 AM
    • jamesingram32: sadly I had to bump my AMD to buy bbry, which has worked out OK though. Would love to have AMD as well...need more money :)
      Jan 10, 6:47 AM
    • jamesingram32: I will follow AMD o that. When is the call?
      Jan 10, 6:47 AM
    • Andreas Hopf: 21st Jan.
      Jan 10, 8:04 AM
    • jamesingram32: thanks.
      Jan 10, 8:43 AM
    • jamesingram32: so these big downgrades just before earnings as as suspect as ever
      Jan 10, 10:17 AM
    • BruceLee1984: alu usually has there best quarter in Q4 with margins, thats why this downgrade makes no sense. look back in alu's history of earnings.
      Jan 10, 10:29 AM
    • BruceLee1984: and with the shift plan in full swing and the contracts from china and such i think alu will have a good quater, its q1 in may thats usually
      Jan 10, 10:29 AM
    • BruceLee1984: a low point for alu....bernstein has always been bearish for the most part on alu. I just cant believe the stock is doing this poorly off
      Jan 10, 10:30 AM
    • BruceLee1984: ONE guys view, that we most likely know is not right....
      Jan 10, 10:31 AM
    • BruceLee1984: dont forget blackrock has a big stake in this company now too.
      Jan 10, 10:42 AM
    • jamesingram32: oh yeah, thanks for the reminder Bruce. Is there a recent up date on these sorts of holdings?
      Jan 10, 10:49 AM
    • jamesingram32: btw...probably should have kept powder dry, ...but I topped up the March called a little this afternoon, at 40 cents
      Jan 10, 10:50 AM
    • BruceLee1984: I remember posting i thought a link here a while back that disclosed blackrock bought around 240 million alu shares. i got the link from
      Jan 10, 11:04 AM
    • BruceLee1984: someone off the msh stock boards. I'm sure it will show up after full year results are out in february, if you go to alu website it has its
      Jan 10, 11:05 AM
    • BruceLee1984: largest shareholders listed i think.
      Jan 10, 11:05 AM
    • jamesingram32: thanks mate. will do
      Jan 10, 11:11 AM
    • Andreas Hopf: You can check ownership and particularly large institutional ownership here for ADR's, too.
      Jan 10, 11:40 AM
    • jamesingram32: oh yeah, totally forgot about the NASDAQ site. thanks AH.
      Jan 10, 12:10 PM
    • Andreas Hopf: Yes, good ol' Nazduck, can't be bad.
      Jan 10, 1:14 PM
    • jamesingram32: Ha!, you're in good 2014 form. All things considered, I'm pretty happy with where ALU ended today.
      Jan 10, 4:15 PM