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re: Stocks: Anybody own Alcoa?

Posted on 3/27/13 at 9:40 pm to
Posted by djmicrobe
Planet Earth
Member since Jan 2007
4970 posts
Posted on 3/27/13 at 9:40 pm to
Word is that China is causing an oversupply.
LINK /

Don't ask me, but you can get a 3 topping pizza at Domino's for $7.99. That's a pretty close trade for one share of AA stock.
Posted by Jp1LSU
Fiji
Member since Oct 2005
2542 posts
Posted on 3/27/13 at 10:39 pm to
Aa is a stock I've held for a long time. Way too long probably. I kept buying more to lower my cost basis but it's prolly around $10 a share. The div is weak, but with the amount of shares I own I get a few shares a quarter. I like the CEO, I'm prepared to wait, but it's a stock that will most likely just sit in my portfolio for a long time. If it drops below $6 or $5 I might buy more, until then I'll just sit on it.
One of my least favorite stocks in my stable
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