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Alcoa Inc. Message Board

  • ossobucco2012 ossobucco2012 Jan 30, 2013 7:51 PM Flag

    AA will be trading at $15.00 by the end of Q1/2013....

    US, Europe and China's economies are gaining traction, Euro vs USD is back above 1.35, China and Russia will further cut old and inefficient production (especially China with high energy cost, producing power with dirty coal and with extreme pollution in major cities) so the supply and demand balance will tighten up and we will trade over $1.00 a pound....

    Also it is the month end and many Funds are window dressing their holdings so the shorts get into action to make a buck, however there were not many sellers and my guess is that the shorts both with AA and Hedge Funds shorting physical Aluminum will be getting trapped in the weeks ahead.

    Stay tuned, and BUY all you can!



    Sentiment: Strong Buy

9.09+0.02(+0.22%)Nov 24 4:00 PMEST