Earnings Preview: Alcoa Is No Longer A Bellwether [View article]
Yeah, who would have that with aluminum prices down 9% the Company sees record revenues. Still trying to figure out where the extra demand came from (air and auto doesn't account for the huge difference). Thanks for the comment though!
Earnings Preview: Alcoa Is No Longer A Bellwether [View article]
I agree with you completely that it hurts them reporting first, but the street would like very negatively at the company if they changed it up now.
Yes, they have billion dollar contracts but it's about growth. I was on tv when the stock was at $18 and said I would avoid the stock. I didn't think it would get this low, but I don't like their model. They have an oversupply worldwide and now lower demand from the US, Europe, and China doesn't help at all.
Alcoa Surges Past Estimates [View article]
Earnings Preview: Alcoa Is No Longer A Bellwether [View article]
Earnings Preview: Alcoa Is No Longer A Bellwether [View article]
Earnings Preview: Alcoa Is No Longer A Bellwether [View article]
Yes, they have billion dollar contracts but it's about growth. I was on tv when the stock was at $18 and said I would avoid the stock. I didn't think it would get this low, but I don't like their model. They have an oversupply worldwide and now lower demand from the US, Europe, and China doesn't help at all.