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re: I'm seeing a bargain with this stock, what am I missing?

Posted on 3/25/13 at 11:16 am to
Posted by LSURussian
Member since Feb 2005
127246 posts
Posted on 3/25/13 at 11:16 am to
quote:

but $8.47 seems ridiculously low for this company,

AA won't come back until (or, unless) aluminum prices ever recover.

While almost all other industrial metals prices are within 10-15% of their five-year highs, aluminum is selling 35-40% below where it was 5 years ago.

I owned AA for several years. I finally gave up on it last year when it hit $9+ for the first time in a while. I lost on it.....
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 3/25/13 at 11:22 am to
Rds.b,cop,Cvx,xom...,shell,ConocoPhillips,chevron,exxon....in that order of which I'd buy...all $100b+ companies traing at under 10x earnings
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