Very helpful report, Eli. I like your less wordy, direct-to-the-point writing style too. I've been burned twice by buying AA, and the current market volatility leads me to believe we all might have a better entry point (below $35) between now and November. Speculation and unexpected developments like takeover rumors could drive it up short-term instead of down, so maybe a more prudent approach is to get half a position soon and hope to buy the other half later.
Alcoa Will Shine - Barron's [View article]
I've been burned twice by buying AA, and the current market volatility leads me to believe we all might have a better entry point (below $35) between now and November. Speculation and unexpected developments like takeover rumors could drive it up short-term instead of down, so maybe a more prudent approach is to get half a position soon and hope to buy the other half later.