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  • Alcoa shares blasted as analysts dig deeper  [View news story]
    China, oil oversupply, and strong US dollar have killed this stock and with it many 401ks. Where, who are the beneficiaries of this mess? Certainly not I.
    Jan 12, 2016. 01:36 PM | 2 Likes Like |Link to Comment
  • Alcoa to keep New York smelting plant open after state offers incentives  [View news story]
    Worked there for 8 yrs right out of college many yrs ago when P225 potline was first put online. It was a unique and very efficient line. Sorry yo see it close but not surprised due to China trying to crush competition with so called fake semi finished product imports. Politicians should place their energies in dealing with unfair competition as Trump points out. The North Country could use a break.
    Nov 24, 2015. 06:00 PM | 3 Likes Like |Link to Comment
  • Alcoa Trying To Find The Path To A Better Neighborhood  [View article]
    Most all commodities are in the doghouse. I'm waiting out the cycle and hoping the Chinese find a better way to use their surplus other than building pollution generating aluminum smelters.
    Jul 21, 2015. 01:02 AM | 1 Like Like |Link to Comment
  • Alcoa Was Smart To Value-Add Titanium Fabricator RTI International Metals  [View article]
    Their strategy is right on but their approach is terrible. Constantly rationalizing their smelting capacity and publisizing it sends shivers through the investment community and injects uncertainty which we all know the market hates. What other integrated industrial company does this almost weekly.? Get it right already and move on with increasing shareholder value and not destruction.
    Mar 11, 2015. 12:25 PM | Likes Like |Link to Comment
  • 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, 2014. 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, 2014. 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, 2013. 03:03 PM | Likes Like |Link to Comment