ALCOA Inc. (AA)

[harry crumb]

Buy! We did. This is a 5/6x timer easily. $$$$

[golfndude]

$10.95 from $30 ! How is this not screaming “buy”?

[Zalviny]

What are you talking about?

[CHARLIE125]

AA ALCOA RECEIP 2BILLIONS DOLARS FROM CHINA AND SOUTH KOREA NEXT DAYS
The Fed will lower rates on Wednesday and will do so in a coordinated manner. The rumor that has gone around the market
08:01 || 03/03 / 2020In Featured, Macro
Investors affected by the impressive fall in world stock markets due to coronavirus fears are increasingly convinced that the world's major central banks, including the Federal Reserve, will soon intervene to try to quell the storm.

Given this, the main economist of the US banking lobby - a former member of the Federal Reserve - issued a very concrete prediction Sunday that the bailout is near.

In a blog titled “Don’t keep your powder dry” Bill Nelson, chief economist at the Bank Policy Institute who worked on the Federal Reserve’s responses to the 2007-2008 financial crisis, predicted:

** A coordinated cut in world interest rates by major central banks, such as the one executed at the height of the crisis in October 2008 by the Federal Reserve and five other central banks. Possibly include in this action the People's Bank of China and the Monetary Authority of Hong Kong, the two banks whose economies have suffered most so far from the outbreak.

** It will happen this Wednesday, March 4. Nelson said the previous major coordinated actions in December 2007, October 2008 and November 2011 occurred on a Wednesday.

** It will happen before the US stock market open, either at 7 or 8 a.m. ET (1200 or 1300 GMT).

** It will be large: at least half a percentage point. The current Federal Reserve reference rate is set at a range of 1.50-1.75%, and rate futures markets have a cut of at least a quarter of a percentage point at the next scheduled Federal Reserve meeting of 17- March 18th. "The only way to get a positive reaction from the market is to deliver more than expected," he wrote.

** It will include "forward orientation" - a term of the central bank for some form of commitment with respect to future political action. Nelson said he would not be surprised to see something aimed at preventing further erosion of inflation, something that the Federal Reserve and other central banks have been struggling for most of the last decade. Your suggestion: The Federal Reserve promises not to increase rates or take other policy tightening measures until its preferred measure of inflation is above its formal 2% target for six months.

In addition to his predictions of a worldwide coordinated movement - something that many investors and economists worry that he might fall short of what is needed due to the depletion of tools in the world's major central banks - Nelson in a related post https://bpi.com/actions-the-fed-could-take-in-response-to-covid-19/?utm_source=Banco+Política+Instituto&utm_campaign=3e1ad993e7-set-reserve-requires-to+zero_02&utm_medium=email&utm_term = 0_c90b6c9720-3e1ad993e7-284062653 said the Federal Reserve could loosen a number of requirements and other regulations on US banks. to help keep credit moving.

As for the rate reduction, however, Nelson offers a big warning: "If the markets are calm on Monday and Tuesday, I'm not sure what will happen." (Dan Burns report; Daniel Wallis edition) Reuters.

[SeaHawksFan]

Nice reversal. Should continue!

[zepilot]

This would have been a great stock to shot. Still looks like shot winner.

[GrandPuba]

Who dumped 20+ mil last week?

[OMOLIVES]

And so it goes...like I said...wait til it gets around USD10 before even thinking about a purchase.

[OMOLIVES]

Here is my rant against Alcoa. You can ..of course...just look at their history. Half the time...they diversify. The other half of the time...they divest. After the circa 90' diversification they were moving well on up.....within ten years..they sold it all off. I am not talking about the entire lot...but staples that made them a power house in Pittsburgh and beyond. No one individual can bank on retiring from Alcoa. I know you can say that about a lot of Companies...but this one takes the cake because of all the zig zagging'.

I always like to refer to Mastic...the Company that started the vinyl siding game(literally). Alcoa acquired them circa 89/90...and immediately thought they would just kill the name.."Mastic" and just merge the siding lines under the Alcoa name(alcoa always had a good name). They found out they couldn't do that.

I would have to say that over 75% of the homes in Pittsburgh during the 90's with siding was Alcoa's. I am being safe there as well. They sold all to Plygem...fn' Plygem! The aluminum rain carrying products were top notch...and everything about them was top notch.

But...yet once again...they went after the diversification and all went to shit by 2006/2007. Now..they didn't do any crazy diversification like GP did in the 90's...yeah Georgia Pacific went nuts, and I had several past coworkers join them and make the move to Atlanta. Tried to talk them out of it...but no.

The point I am trying to make with regards to Alcoa is stay away for now. They are stuck with smelting/ore...and are going to get destroyed in the near term. Walk away...walk away. They apparently will never stop going back and forth...and it's sad. If you are looking to trade...wait til it gets around usd10 at the least on the ticker....yeah...that's correct. Be tempered and know that I never beat up any stocks. I know this one though...and I withheld a ton of information.

[SeaHawksFan]

Will AA take a hit for its lower earning, or will it break the MA 50?

[OMOLIVES]

I will rant about it tonight. I still have one of their wind breakers(jacket) from over 20 years ago. Not to mention other spiff from them. I will try to temper myself...for it won't be pretty.

[oilin07]

Coming back

[whytestocks]

$AA great article Alcoa Corporation Nyse Aa Short Squeeze

[OMOLIVES]

Well...well...well. Haven't paid attention to Alcoa since 2006/2007. Doing it again...eh? Used to call Ohio every week...and then all of the sudden...gone. Had to kill that "Rovar" due to those "all roof" high pitch structures.. inferior installs and some bad winters....eh? Couldn't handle the lawsuits..eh? Tried to kill off the "Mastic" name...couldn't do it ..and then sold it..eh? In fact..you sold everything that made you great.

Glad you made it back home....your material is on so many structures...only problem...it's not yours anymore..is it?

Business is business....I get it.... but you come mighty close to pulling a "Georgia Pacific"...every day.

Missn' those 90's ..eh?..Alcoa(your not alone). Aint' nothing ever going to be the same...of course we knew that back in 2000....before everyone else. And so it goes.....the past life of a two-stepper.

[Lowjack]

Beavis: Yeah. (heh heh heh) We still have that Harry Sachz number? (heh heh heh) Harry Sachz (heh heheheheh).
Butthead: (uh huhuhuhuhuh) Okay.(uh huh huh). I've gotta take a dump (uh huhuhuhuh) We can call him from there (uh huhuhuhuhuh).
Beavis: (heh heheheheheheh) Plop! (heh heheheheheh).

[kls0000]

Anyone see AA going to $30 by the end of the month?

[whytestocks]

News: $AA Alcoa Corporation Provides Update on Avilés and La Coruña Plants in Spain

Alcoa Corporation, a global leader in bauxite, alumina, and aluminum products, today announced that it has signed a conditional share purchase agreement with private equity investment firm PARTER Capital Group AG, based in Schindellegi, Switzerland, to acquire the Alcoa Avilés and La Cor...

Read the whole news Alcoa Corporation Provides Update on Avilés and La Coruña Plants in Spain

[FarAim]

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[MyzStreet]

Time to go. :) $AA

[dbuss90]

should be a safe buy at some point!

[Hana3]

So ugly, never thought sp this low

[ITMS]

Alcoa Corp $AA Has Been Crushed, But This Level Looks Solid

Leading aluminum stock, Alcoa Corp (NYSE:AA), has been under severe selling pressure since April 2018. At that time, the stock traded as high as $62.35 a share. Since that high pivot, the stock has been selling off and now trades at $28.93 a share. The next major support level that looks solid for the stock will be around the $25.00 area. This is where the stock broke out in November 2016. Often, larger time-frame breakout levels will serve as solid support when retested. This should be an area where the institutional money defends the name.





Nick Santiago
InTheMoneyStocks

[tdeck]

I don't know a lot, most the time its luck, but, with one tweet I think we are over the hard times, deal isn't set, but, word is out that it will be set. Knew it had to be China hurting far worse than us on this tariff showdown, knew it would always be the case, we just needed someone to put their feet to the fire.

So we should be good on whatever in the world that materiel used in aluminum that China has the majority holding of now. Not that I thought it was any real crisis anyway, but, the market is the market any whiff of death bears come running.

Peace out.

[tdeck]

In my opinion these next few days will be the last of the cheap shares as next month will bring a trade deal with China with China folding their losing hand and all will be well in the world again and AA shall return to previous highs, we shall see.

Peace out.

[tdeck]

added another 700 today @34.11 to fill my sack, holding 10K and look forward to the return to previous highs.

Peace out.

[tdeck]

Jumped back in today with some funds from the last of my BUD liquidation in for 9300 @33.20-28 looking good so far, was hoping for 31 but am happy here, oversold after a shaky market last 2 weeks.

Peace out

[WallStreetMyWay]

Ok an why I believe we are settling up setting up for strong 4th quarter.

[WallStreetMyWay]

Im holdings my stock better some should jump on board because its only going up from here. The value with this company is outstanding!

[WallStreetMyWay]

Liking this one longer my friend hoopoe all is well.

[WallStreetMyWay]

I believe so too takes a little while we will be climb lings.

[WallStreetMyWay]

This is rising slowly I believe people are currently buying we are a heading higher.

[tdeck]

It was a gift from the Gods, I did have visions (dreams) of 31's but am happy with what I got where I got it.

Peace out.

[WallStreetMyWay]

Smart buying right I know I agree for the longs.

[WallStreetMyWay]

Ad heading well over 40.00 a sharer locking loading bought more.

[tdeck]

Added to that holding 3100 total, would have liked it to dip to 31 to lad the proverbial boat, but am pleased with what I have, have a great day all we are heading back to the promised land.

Peace out.

[tdeck]

Jumped in for 1700 @ 60-36.07 and lets see how that does for the time being, will add more if holds yesterdays 252 low, may just be time to turn this thing around kids.

Peace out

[rocknroll350]

Closes below $40 on the daily, I immediately run for the hills... if not, I like my odds. Wish me luck!

[Hana3]

Stock from hell.

[rocknroll350]

Looked like hell yesterday but I guess no guts no glory... hopefully that $40 holds strong. Bought calls today

[Hana3]

Bought 49. Thought it was good. Lol. Hate this stock

[Lowjack]

Recess!

[Hana3]

Gift at this sp,, will go over $65

[Hana3]

Tp, $65

[NEOstockhacker]

[ITMS]

Big Buy Level On Alcoa $AA Approaching

Shares of Alcoa (AA) have been on a wild ride. In April 2018, the aluminum player surged almost 50% into earnings. After reporting solid quarterly numbers, Alcoa fell as profit taking took over. Today, the stock is falling 14% after news that a Russia producer of aluminum may be exempt from sanctions. The stock is in free-fall which is great for us as swing traders. I alerted to a major short last Thursday at $62.15. With the stock trading at $51.65 just two days later, I am now starting to scope out a buy level. The technical level of support to buy is $50.00. This will yield a major bounce. Swing trading is the only way to trade in this market. The whips in stocks make it the only way to generate huge returns.





Gareth Soloway
InTheMoneyStocks

[ITMS]

Major Short Alert: Alcoa (AA) Tags Epic Trend Line

Shares of Alcoa (AA) jumped higher after reporting a solid beat on their quarterly earnings call. The stock jumped as high as $62.35. This was a dead short. In fact, I alerted Research Center members to short at $62.15 based on an epic trend line hit and multiple extreme overbought signals. The stock price itself is up from $44 in less than three weeks. That is a 50% move just going into earnings. What did investors think? It was going to run-up another 50%? This is the lunacy of average investors who listen to the blabbing media. Learn to read the charts. They clearly show Alcoa as a strong short with a downside price target within days of $57 and longer term, $50. Already, $2+ in the money in just hours.





Gareth Soloway
InTheMoneyStocks

[harry crumb]

Nice move here again

[Hana3]

Moving up fast

[gi197845]

Wow, you were remarkably wrong about that 50% rise.

[harry crumb]

For those that bought into the r/s, congrats on that,, loaded up an have every single share in the bank yet! $$