Huntsman Corp (NYSE:HUN)
The Company is a global manufacturers of differentiated chemical products. It also manufactures inorganic and commodity chemical products.
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Recent problems based on energy prices which raise the cost of stock material. Costs were recently passed along to buyers. Recent failed buyout results in $500 million in damages, pay off debt, make acquisitions.
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Short term play on this stocks precipitous decline due to Hexion Chemical trying to get out of its $28 per share offer. But drop from around $22 to its now around $13 per share?...I think thats an overreaction.
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The Company is a global manufacturers of differentiated chemical products. It also manufactures inorganic and commodity chemical products.
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Priced at 6 dollars below the merger offer expected to close this year. High rate of crude does have to trickle down to the chemical industry in the near future.
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Plastics is not the type of stock you want to own now...If you buy hold it long...Mack
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Huntsman (HUN) CEO Buys 5K Shares
February 27, 2008 12:16 PM EST
Huntsman Corp. (NYSE: HUN) CFO, J. Kimo Esplin, bought 5,000 shares on 2/26 at $23.96-$24.00, bringing his stake to 189,767 shares.
Huntsman Corporation engages in the manufacture and marketing of differentiated, inorganic, and commodity chemical products.
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takeover target
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Buyout before June 2008
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Recent Purchase from insiders
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Too speculative. it will drop to 22usd in the nxt coming weeks.
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A simple value play. That is all.
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