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Replies to #1956 on ALCOA Inc. (AA)

ogbull

10/09/15 8:24 AM

#1957 RE: Surfjmk #1956

I agree 100% but I must tell you that AA in now selling at $10.61 in Pre-Market. Volume is sky high at 1 million shares with 1 1/2 hours of trading still to go. We might even hit 2 million in Pre-Market. Something special is certainly underway.

I don't think you gonna see anything any lower then $10.50 and then for only a brief second. We might even trade 50 million shares today and close back up the where we close yesterday or even higher. Looks like a lot of institutions were waiting to get the lousy earnings behind us and see what management had to say. Everything was positive click-here

They might have even been tipped off that a miss was coming. Maybe they just figure it out? I would have called the miss if I had factored in the 58 million shares used to buy the titanium factory.

DOW futures are up $45. Crude is running up like crazy. Aluminum is up $67.00 per ton (4.30%).

I think the market was very happy with getting the quarter over with and behind us.

AA is preparing for a moon shot!

KingDMC

10/09/15 9:07 AM

#1960 RE: Surfjmk #1956

Great things from the ceo last night, however, id have to agree that they'll pull it down a bit before taking off again as I said last week prior to earnings. Every report same story.