Alcoa Analysis

"It's Alcoa: they are not going out of business. They are losing money now, but that should not be a surprise with what happened to the auto industry and to the economy in general. At the end of the first quarter, they still had a Tangible net worth of 7.5B, with cash of over 1B. They are sitting around $13.00 now, and about 2 weeks ago were less than $10.00. Even from their current price level they could return 2.5 times investment, and if they happen to dip back down, could pick up 3 times investment over the next 2-3 years. They are even paying a little dividend. For the more patient, longer term investor, it will pay off very well. If you happen to be a day trader, and are able to consistently pick the tops and bottoms of other stocks, maybe you could double or triple your money in the next couple of years, but that is a big maybe requiring very good luck. As for me, buy low, hold, watch,and sell high over a longer period of time has paid off well. JMO and worth exactly what I am charging for it."