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Alcoa Inc. Message Board

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  • mardermj mardermj Nov 27, 2011 8:11 PM Flag

    Buying on margin at 8.88!

    Buy the April 5 call at $4.1. That way you don't have to leverage cash you don't have, and can control the same number of shares for a dime.

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    • This market is in a downtrend unfortunately. I would be careful buying on margin as I have been burnt in commodity stocks this year big time and the past and any news of China slowing like we have been getting will send commodity stocks even lower. I would not count on QE3 in USA or Euro zone. This market is a mess with very little volume and I see no good news coming out of Europe anytime soon as the leaders are completely useless.

26.88+0.19(+0.71%)Oct 21 4:00 PMEDT