Friday, December 4, 2009

CENX - Final Post

Throughout the semester I have been evaluating/following CENX (Century Aluminum) and I have come to the conclusion that while their stock is more volatile than their larger competitor (Alcoa), Century does appear to be a strong company, taking initiatives (divestitures, stock for debt swap, using site selection for future plant locations to achieve lower costs, etc) to increase competitiveness in the market.

On 8/31 (the date of my first post), CENX stock high was $12.18...today, Friday Dec 4th, CENX's high was $10.88, closed at $10.34.

I believe this company will continue to gain strength and is an attractive company for investors.

Thursday, December 3, 2009

CENX Stock Jump

Century closed on Wednesday, December 2nd, at $10.86 due to price jump in aluminum. This is the highest close since October 19th when CENX closed at $10.90. The Motley Fool released an aritcle on the 2nd listing Century as one of tomorrow's monster stocks (see link to article below)....I believe good things are in store for the current (and potentially near future) investors of Century Aluminum.....still kicking myself for not investing back in March when I first wanted to!

http://www.fool.com/investing/general/2009/12/02/tomorrows-monster-stocks.aspx