Turn-around picking up steam?
Is now the time to buy? New 52-week high, huge volume increase, no more lawsuits, debt, emerging from BK soon? All signs are looking good on this one. I especially like this quote:
"We experienced particularly strong fourth quarter results in our core fabricated products operations and currently expect such strength to continue into and past the first quarter of 2006," said Jack A. Hockema, President and CEO of Kaiser Aluminum.
"The first quarter of 2006 is the first period in which market activity driving volume and conversion spreads appears to be more broad based and sustainable than in previous quarters, thus our optimism going forward."
It is characteristic of wisdom not to do desperate things.