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Debonair1

Debonair1
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  • BP's Dividend And Buyback Are At Real Risk [View article]
    I for one would like to read the litany of false fraudulent claims that BP has had to pay. Perhaps it could make the NY Times Non-Fiction Best Seller list .
    May 20 09:10 AM | 8 Likes Like |Link to Comment
  • Is It Time To Buy Alcoa? [View article]
    Hard to see the price escalating this fast with 5.3MM metric tonnes in LME inventory. Like to think you are right but...
    May 5 03:42 PM | 2 Likes Like |Link to Comment
  • The aluminum market (JJU) remains vastly oversupplied, even as the world’s top producer United Co. Rusal cuts Q1 output 4% to trim the global surplus that’s helped send prices 10% down YTD. A push by China to bolster aluminum production in Xinjiang province is adding to excess domestic stocks, Rusal notes. Also,  LME-approved warehouses globally are piled high with 5M-plus tons of the metal. [View news story]
    At one time I thought China would need power to fuel their economy, not convert it into Al and add to the worlds oversupply of aluminum. Once they get good at something they tend to overdo it flood the market, and then control it.
    May 14 03:03 PM | Likes Like |Link to Comment
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