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Alcoa Inc. Message Board

  • mince38 mince38 Aug 27, 2014 11:37 PM Flag

    If AA is in moving sideways in this market, what happens when 15-20% correction happens?

    Dont you all think we better break $20 soon so when a market retraction comes we have some room? And whats stopping us from being in the black? I'm going to get sick if I have to hold this thing for 6 months of a market retracement while the company starts filling more and more orders. Remember , in 70% of stocks or more follow the overall trend. Lets hope the big pockets juts took summer off and wil start loading up after labor day. Prediction: If this puppy doesnt start grinding up every week starting in October when the bull market season officially starts, bad news. Has anyone done the stats on how this stock performs compared to reg. market in summer time over last 20 yrs. I see this is like dead money ,especially when other mining stocks are dead and its summer. I am in at $15.20. I was hoping to increase my position by now. This was a big mistake. I should have bought the Internet social networks like FB, lnkd,twtr or even Amazon which i think are going to not fall apart like in 2001.

    Sentiment: Hold

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