| Latest Forum Topics / User Research/Opinions |
 Post Reply
|
|
ALCOA (US) to pay 85 mil settle case
|
||||||||||||||
|
khng2012
Master |
11-Oct-2012 21:34
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Doesn't matter. I am not a proffessional traders, can earn money will do. I am using poems, got live tools is enough to me. The chart look good, I will not take profit so early. wowww 7.65, another 4.5%
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Bopanha
Master |
11-Oct-2012 21:33
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Same as me, put a price to buy and hold a day or two and then put a queue or trailing stop. Go to sleep, at 12 midnight and sweet dreams, because the next morning have to watch SGX-st.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
yabbest
Senior |
11-Oct-2012 21:27
|
|||||||||||||
|
x 0
x 0 Alert Admin |
friend, told u i jip in anr when 6.50 mah...i let go some for holiday trip, still holding some for long term basis. i read in ausgrp thread merlin_magic wants to buy alcoa ...same as me, so found alcoa news just create a thread, whoever wish to share any US counters also can, no hard and fast rule i also will buy alcoa if it dips below $8... yes, alot analysts think fiscal cliffs blar blar but i dont think major correction now....thks and all the best anyway when i dont contra, i dont monitor US shares, sleep more impt to me haha...once awhile got feel then i stay up...if not i just q buy or q sell then sleep haha
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
Bopanha
Master |
11-Oct-2012 21:23
|
|||||||||||||
|
x 0
x 0 Alert Admin |
If you trade via direct US brokers, you could sell for a profit already, or buy some more before the market opens.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
khng2012
Master |
11-Oct-2012 21:13
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Woowww. approaching to open in US market, Alpha future show buy at 7.52 and sell at 7.53, it is 2.87% up. Good start. Hope today will be a straight white candle. Don't be like yesterday, burn off white candle. | |||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
Bopanha
Master |
11-Oct-2012 20:58
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Looks like up for US market. Alcoa & A pha both up too in pre trading hours. Oil and Dow showing up too. | |||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
khng2012
Master |
11-Oct-2012 20:52
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Today coal news are quite mixture good news http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8810167 http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Metals/8805607 Bad news http://www.chinadaily.com.cn/business/2012-10/11/content_15810635.htm http://www.platts.com/RSSFeedDetailedNews/RSSFeed/Coal/8810166 http://www.harlandaily.com/view/full_story/20439984/article-Alpha-closes-Coalgood-Energy--25-without-work However, bad news is more on thermal coal and good news is on coking coal. Alpha is 60% revenue in coking coal. Therefore, future open show positive. | |||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
khng2012
Master |
11-Oct-2012 20:34
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Wah, you start US tread here.
Did you buy back Alpha last night? Future price of Alpha look good as usual now, 7.41 queue at buy and 7.47 queue at sell. Hopefully, don't like yesterday night, open up and close down.
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
|
||||||||||||||
|
yabbest
Senior |
11-Oct-2012 20:05
|
|||||||||||||
|
x 0
x 0 Alert Admin |
|
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
yabbest
Senior |
11-Oct-2012 19:59
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Moody's repeats: U.S. rating will be slashed if debt-to-GDP doesn't improveOctober 10, 2012 S& P adds: " There isn't a plausible scenario for the U.S. to grow its way out of the deficit"" As our reports indicate, despite increased revenues from anticipated GDP growth, there isn't a plausible scenario for the U.S. to grow its way out of the deficit," John Piecuch, a spokesman for S& P, wrote Oct. 5 in an e-mail.Moody's said its Aaa rating for the U.S. will probably be cut one level next year unless the government agrees on a plan to reduce the ratio " over the medium term." The firm considers debt levels in the whole economy in its sovereign ranking, said Steven Hess, the senior vice-president and lead analyst covering the U.S. at Moody's in New York. " As the household deleveraging goes on, because consumption is the biggest part of GDP, as long as that continues it's harder for the federal government to reduce its deficit, to reduce its debt ratio," Hess said Oct. 3 in a telephone interview. |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
|
yabbest
Senior |
11-Oct-2012 19:41
|
|||||||||||||
|
x 0
x 0 Alert Admin |
Exclusive: The aluminum giant is set to announce a deal with Alba, a state-owned Bahraini smelter that brought civil racketeering and fraud claims against Alcoa. FORTUNE -- After years of fighting one of the most unusual civil claims brought by a foreign company in a U.S. court, Alcoa Inc. has finally capitulated. Without admitting any wrongdoing, the metals giant has agreed pay $85 million in cash to settle a civil racketeering and fraud suit filed by a state-owned aluminum smelting facility in Bahrain, according to two people briefed on the details of the deal. Other terms of the deal, which calls for a renewal of business between the two companies, remain shrouded by a confidentiality agreement. The deal calls for Alcoa (AA) to resume shipments of alumina, the key precursor in aluminum production, to the Bahraini smelter. For the Bahrainis the deal represents a victory. The new contract they signed with Alcoa, which they are likely to claim is extremely favorable, adding up to some $350 million or more in rebates and other concessions, according to people familiar with the deal. But Alcoa is likely to maintain that even with these concessions it will still make a profit on the deal. However expensive, the settlement marks the beginning of the end of a long legal nightmare for Alcoa that began in early 2008. That's when Aluminium Bahrain, or Alba, sued Alcoa in federal court in Pittsburgh, PA. Alba alleged that the American company had orchestrated a 15-year-long scheme to corrupt senior Alba officials and others in the Bahraini government to secure favorable contracts. The civil claim attracted the attention of the U.S. Department of Justice and the SEC, which launched their own investigations. Alcoa suffered a major setback late last year when a federal judge rejected Alcoa's motion to dismiss Alba's case. |
|||||||||||||
| Useful To Me Not Useful To Me | ||||||||||||||
x 0 
x 0
