didcrywolf

Alcoa Will Shine - Barron's

Not sure Alcoa will be above $40 by year end. I do not think the company's MGMT can extract all the value on its own and the company needs to merge. Unfortunately as credit contracts globally, I am not sure who could come into the US in an election year where a protectionist wind blows strong in Washington and start to bid up the stock. With the airlines, autos and housing in a tailspin, I don' think the compnay can be epxected to have ANY blowouts Quarters until mid 2009. I own the stock but sold calls to bid my time. A straight long position in the stock sounds too risky right now and Barron's always made me money writing premium on their stock ideas!!!!