wmr whats the outlook?

  1. 15 Posts.
    Hi All,
    Since WMC has demerged and formed two Co.'s one being WMR, is it still too early to tell what the future holds for WMR?
    Currently at $3.80 this morning I'm curious to find out anyones considered opinion on where this stock looks headed long term.
    The Demerger is WMC's way of hanging up a 'For Sale' sign on both new companies now. So who are the big players likely to hit (WMR in particular is my interest as its obvious Alcoa may go for the other).
    Is it normal for a stock to go up if another company is likely to buy it? would this happen with the newly created WMR?

    I hold WMR which is why I am interested.

    All opinion welcome.

    Cheers,

    Dave
 
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