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IBDvalueinvestin (99.67)

Cramer's the Street.com says buy RTP

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January 29, 2009 – Comments (4) | RELATED TICKERS: RTP.DL

[video] Own these Year of the Ox Stocksat TheStreet.com(Thu 12:43pm)

4 Comments – Post Your Own

#1) On January 29, 2009 at 2:29 PM, camarodan64 (97.71) wrote:

On Tuesday Jan 27 2009 Cramer also said sell "gold",   so yesterday gold dropped to $880 shaking out all of Cramer's loyal followers,  Look at Gold today up over $904 again "GOOD ONE CRAMER",  guess what Cramer will say when confronted "MY BAD"  check out which Canadian Junior gold stocks have the most goldhttp://caps.fool.com/Blogs/ViewPost.aspx?bpid=136808&t=01008124766967875841

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#2) On January 29, 2009 at 2:37 PM, IBDvalueinvestin (99.67) wrote:

When the tech bubble blew up the first who got killed were the companies making the buyouts and acquisitions at the peak.

2008 - 2009 samething is happening. MTW, TCK both who made large buyouts at the peak got crushed to single digits.Now RTP says it needs to sell shares to pay debt. RTP may not go to single digits, but it can fall to $50/shr. RTP bought Alcan at the peak of the market like idiots.

If RTP were to sell Alcan today how much could it demand? Well if you look at Alcoa; the LARGEST aluminum manufacturer you will see a market cap of 6.78 billion. Even at a double premium or triple premium you still cant reach 39 Billion which is what RTP paid for Alcan, the second largest producer.

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#3) On January 29, 2009 at 3:45 PM, cubanstockpicker (21.04) wrote:

IBD- I have been blogging continously about the softness in these two miners especially the ones who opened up their inflated mouths and bit off way more than they can chew.

RTP needs to cough up 9 bill in cash this october for the 39 bill deal.

And ALCAN'T be worht more than 4 billion. BHP backed off the deal knowing this. They are sitting back now waiting for the right opportunity to devour this "inflated condo in miami of a miner".

 

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#4) On January 29, 2009 at 3:51 PM, cubanstockpicker (21.04) wrote:

My last blog in December on RTP, so far I am up abnout 40%

Click here

 

The blog before that on same conclusion. I even got into an email battle with Damian Hackett from Cannacord Adams over this issue.

Click here

Needless to say, he couldnt handle a journeyman knowing more than him on a sector he is suppose to be a genius at.

 

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