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Replies to #1576 on ALCOA Inc. (AA)
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Jld3294

07/22/15 8:10 PM

#1577 RE: PARADOX #1576

Now we have a profitable business that trades at book value. That's hard to find. Look on the balance sheet/10Q to see the last market book value was $10.03.

Fundamentally if the stock continues to trade around 10x forward the book value should grow at 10% annually. I'll take 10% gains a year all day