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Anglo American demerger skids (AAL)     

tobyboy - 05 Jun 2007 16:23

anyone remember hanson?? how they demerged 3 companies years back? a disaster for stockholders. broke up the company giving mug punters unmarketable packets of new stock, while making the orginal company not worth holding.
AAL also had a special dividend a while back, a poor sign for things to come.
a real shorting opportunity here for the medium term imho

tobyboy - 05 Jun 2007 16:25 - 2 of 3

Chart.aspx?Provider=EODIntra&Code=AAL&Si

just look at the downside on that!!!

tobyboy - 06 Jun 2007 17:31 - 3 of 3

minus 1.25 today. gloat.

expect first resistance around 2775 intraday.

but for the mid term, i'm looking for a bounce at 2475.
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