29 March 2006

AK - Next Takeover Target? Other Odds and Ends...

Can't help but notice that AK is up another 5% today...it's ripe for the taking. A quick profit can be had with them. Flat rolled prices are expected to drop going towards the summer, so get in now, or wait for the the drop from all the profit takers.

I was hoping that the Alcatel and Lucent deal might have a bigger impact on Nortel. I can't see Nortel having any more issues with its finances. Now, can we get above $4? Soon?

Vincor is steadily moving upwards...maybe Constellation will come back by the end of June for another look.

Stelco is looking to come back to the TSE at the end of the week. Not sure what the listing and when, but I will post here when it comes out.

Wendy's will be spinning off the rest of Tim Horton's by the end of the year. With a price of about $30 now, it's worth it to get some now, and hold onto it until the end of the year.

No comments: