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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 Vols&Shaft83
Posted on 3/25/13 at 11:16 am to Vols&Shaft83
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 on 3/25/13 at 11:22 am to LSURussian
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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