Opinions
Benj Gallander
Century Aluminum Co.
CENX-Q
COMMENT
Sep 22, 2016
$6.950
Stock price when the opinion was issued
metal fabricators
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A very volatile stock. Right now the aluminum market is changing. Alcoa is looking to divide. They have had some problems with their Mount Hope in South Carolina which has created some difficulties. Management has seen a lot of ups and downs over many, many years, and have pulled the company through before. It sells at about half BV. His initial Sell target is better than $20. That is not “pie-in-the-sky”, it is where the company has traded in the past.