time to short agl

[#1]

une 25 (Bloomberg) -- Vale SA, the world's largest iron- ore exporter, isn't planning acquisitions, Chief Executive Officer Roger Agnelli said, amid speculation that the company could be considering a bid for Anglo American Plc. Any takeover talk is "market speculation," Agnelli told reporters today in Rio de Janeiro. "Vale's keeping quiet; there's no type of movement," he said.