Autos, airplanes and the world economy is in the early stages of a huge rebound. Alcoa stands to reap the rewards of being the most advanced aluminum company in the world and will begin to soar soon. My honest opinion.
AA's management has been criticized and I'm not smart enough to criticize or applaud very much, but, they have closed down old, inefficient plants and invested in new, state-of-the-art facilities and introduced new products or uses.
Seems to me, somebody in AA has a vision for the long term and not short sighted by looking at near term.
Agree with both of you. I fully expect to make a killing on my large $8 call option positions, for April 2013 through January 2014 (with a concentration in the later months, for safety, and since the "time value" is so incredibly dirt cheap here).