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Alcoa Inc. Message Board

  • kemptenalgau kemptenalgau Dec 17, 2010 2:49 AM Flag

    Alcoa up on EFT speculation.

    Here we go again; morons from benzinga say buy, Jim - laud mouth retard says buy, and the sheep moves in....
    Are you that naive? This is what happened: Aluminum EFT will start trading sometime by March - April 2011. Supposedly, it will generate extra Al demand, which is unlikely due to spare capacity, oversupply and current economic downturn worldwide. Are all these suppose to be outweighted by by a far fetched assumption? Hence the conclusion, you satupid retail investor will be holding the bag when the party is over.
    THE ONLY legitimate driver behind the stock are the company results. Thus, if Alcoa delivers some average result for the current quarter, I would be hardly pressed to buy any BllSht from the company management. The facts are: US dolar was doing goood all the quarter, the average prices on LME recovered, no accidents, strikes acts of God, etc. So, if these clowns could not deliver this time, when they could? I have a strange feeling we will hear a sob story on the OPEX side (operating expenses), and cheerful estimate that at some point in the bright future Alcoa gets to the promised land..., well good luck to us all with that...

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