Replies to post #369 on ALCOA Inc. (AA)

[doublebooya]

shorts better cover!!

[Funstick]

And they showed a loss in 4Q 2011, and now they shoe a profit. Seems to me things are improving

[DD_xprt]

Geesch, there's always a naysayer in the crowd! :-)

C'mon man, there's just too many positives here to discount: earnings per share was 2 1/2 times analysts estimates, they also achieved a record low in working capital for the first quarter, is raising its 2012 global growth forecast for the aerospace market 3 percentage points (13-14 percent), and expects global growth in the automotive (3-7 percent), commercial transportation (1-5 percent), packaging (2-3 percent), building and construction (2.5 - 3.5 percent), and industrial gas turbine (1-2 percent) markets.

The REAL good news: Wall street embraced the earnings report and the SP rose over 5% after hours!

Of course, if you're short here........??

[sampaloc]

short will be tossed....no matter what you said....