Well more power to you. I used to think like that, but realized life is too short to try to educate the ignorant. Over the years, in every stock I have owned I have seen these types of naysayers come and go on Yahoo. But one thing remains a constant, I have made money while they all have watched. Then a few years down the line, they disappear are no where to be found.
Celeste, by now you should have realized that having a rational discussion and playing nice with many of the doomers here is a waste of time.
I believe what others have said, that subguyaa is just another lovemonkey alt. anyways. Many of them have no shares and just think that somehow their posts will make a difference. They don't. No one cares what they have to say.
Many of the longs have already made a lot of money on AA and understand what the company actually does and where it is going. It's called an investment, you know it and I know it. On a day when the market loses 200 points they come here and act like AA is the only stock shedding a few points. It's also a joke to watch these fools in action and act like AA is the only investment in one's portfolio.
No doubt. Instead of increasing divi. that would be better. But still a lot of shares out there.
Retail ownership is still pretty high in AA, about 32%. Look at the difference between Kaiser Aluminum and AA. Kaiser is 122% institution owned! And look what they are doing with it. No way that stock should be that high and AA should be this low. The good news in no major investors sold thru the downgrade not even JPM!
We probably would have been close to 14's today but they found a headline as an excuse to bring everything down. At least AA is still in the green. They did a number on AAPL.
I have had the idiot on ignore for a while. I find that he attacks everyone who calls him out on his lies and groups them all together as one person. As if it wasn't obvious what he's doing. How dumb!
If you want to laugh go to the FORD MB and look at his other accounts he posts under. informationlouisgreen, Same attacks, same lies and he's treated the same way over there too.
Everyone knows he's a psychopath there too.
Of course not. Do you expect anything else from these bash artists? This is the only reason they are here. They pretend like they want to have a civil discourse but only have one agenda here. No room for anything else. Newemaillous, sub4guy, lovemoney with all their accounts they log in as, are all the same.
Ever notice how these guys are claiming to be long long yet always manage to bash the stock? Nothing ever positive Always, in every post. And always manage to try to discredit those that post technical information such as cashflow patterns or any raw positive data. The dead giveaway is how they don't post for hours and hours and within minutes all manage to post over and over with their attacks. So unsophisticated. Anyways putting them on ignore is the best thing. I see lots of ignored posts today like everyday alcoa goes green and they look like fool
It's just lovemonkey new method of disrupting the board. He'll log in occasionally as one of the other accounts such as sub4guy or newemaillouis, or lovemoney100 or getsickfast etc...
to take an occasional pot shot at one of several longs that have been here a while.
Best put them all on ignore.
None of this will effect AA's main revenue stream. Finished vertical products for Automotive and Aerospace. No one will use uncertified low grade Chinese aluminum in any of those products. Beer cans sure. but anything structural no way.
It should also be noted that it looks like none of the institutions sold off any major part of their positions in AA thru the JPM downgrade. Some small players did, but thats it. Looks like there were more buyers than sellers even though they brought the price down substantially.
Oh, it has. but this last selloff was a shakedown of the weak. The commodity traders that were in oil and leveraged were forced to sell what they could to preserve their positions. Aluminum and oil have nothing in common except for that.
croc posted that it wiped out 60 day loss in one week. Looking at the chart it has moved up pretty well in the past week. As everyone has remarked though, only 20% or so of AA's profit is dependent on AL pricing these days.