ALCOA Inc. (AA)

[Realizer]

Alcoa, IMO, is now set for explosive pps growth.

It will take time. This is a take a position in 2nd quarter and reap the benefits into next year.

They have right sized their business for the slow economic situation. It did take them a long painful road to get there. $8 a share is just pitiful no doubt. With high levels of inventory and reduced expenses they are ready to see profits increase.

China is the key IMO. When, and I believe it is inevitable that it will, Chinas economy turns around it will give a huge boost to Alcoa.

The trade IMO is to wait it out this quarter. Look for an entry point on a down day in the market. I am personally looking for something around maybe under $8. My prediction is that by the end of the year you could see $12-$14 easy.

Just a trading thought all IMO.