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Started By
Message
Somebody talk me out of Alcoa
Posted on 11/30/12 at 8:04 am
Posted on 11/30/12 at 8:04 am
At 8.40 what could possibly be the danger in 1000 shares?
4
Posted on 11/30/12 at 8:22 am to ItNeverRains
Don't do it. Your welcome
Posted on 11/30/12 at 8:52 am to ItNeverRains
The danger is that it might go down.
OTOH, it might go up.
The price per share is not a reliable guide to which will occur, or when. Hell, it could go down to 5, you sell in disgust, then it goes up to 15.
OTOH, it might go up.
The price per share is not a reliable guide to which will occur, or when. Hell, it could go down to 5, you sell in disgust, then it goes up to 15.
Posted on 11/30/12 at 9:07 am to ItNeverRains
It's a company that has -$244M available to common shareholders, a profit margin of -1.02%, and will be making several billions of dollars in injections to its pension plan the next several years.
Plus the CEO's name is Klaus. That just reminds me of Hans from Die Hard, and he was the bad guy.
Plus the CEO's name is Klaus. That just reminds me of Hans from Die Hard, and he was the bad guy.
Posted on 11/30/12 at 9:41 am to ItNeverRains
AA won't move up much until the worldwide glut of aluminum is absorbed which is not forecast to happen for several years.
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