Wednesday, July 11, 2007
Sector Spotlight: Metals
For example: The amount of coin "The Fly" is banking on RS and AZZ today is just plain silly.
As you know, "The Fly" has put himself in a quiet period, regarding MVIS. Frankly, I have held your sweaty, clammy hands for too long with this stock. It's time for you to man up and get your own information.
Fuck with me a little bit more: I will track you down and have someone punch your chest hairs off. Then, I will hop into my time machine and kick your ass again, both in the future and the past.
Aside from that, I like the metals today, thanks to the CHAP buyout.
Look you, start listening to imbeciles like Ducati, with his $1.79 break up value price target on CENX, and your mortgage company will repossess your house. The metals are in play, own them.
Not only is AZZ a play on building and improving the electricity grid, but half their business is galvanizing. It's going higher.
Right now, NUE, IIIN, SIM, STLD, FCX, CENX and CRS look great.
In general, the market is well on its way to erase yesterday's sell off.
With my money, I will add to my OEH and VMI positions.
The play behind AZZ is why I enjoy reading the blog. Great ideas that make sense. Look forward to more "time machine" ideas.
"I will track you down and have someone punch your chest hairs off. Then, I will hop into my time machine and kick your ass again, both in the future and the past."
By the way, always long MVIS. As good things come to those who wait.
Time to hit the road without wireless. You'll all be happy that I'm in a quiet period too.
Good luck fuckers.
Thank you for AZZ....& it finally looks like NYX may be back, I'm long since it was AX and have no plans to ever sell it.
Orders for programmable logic devices picked up in the second half of June, according to Bear Stearns chip analyst Gurinder Kalra. Kalra says the increase in activity has primarily come from the telecom market.
In a research note this morning, Kalra wrote that he now expects both Xilinx (XLNX) and Altera (ALTR) to report June quarter revenue in line with guidance, with the revenue upside from telecom offset by weakness in the European distribution channel. He says September quarter revenue should be up in the low single digits, in line with normal seasonality.
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