Alcoa Corporation AA

Bad earnings getting worse but not zero!

How did Alcoa fall from $100 to $35?

EU announced more sanctions to Russia but they will not apply to Russian aluminum at this time.

Putin just announced russia will not export energy outside the country..this will go back up. Al prices up 3700

AL shortage won’t be solved anytime soon despite new foundry restart. It will take quite some time to get supply flow again to fill and balance supply chain system. In addition, inflation is on the rise so pricing will remain high to offset and we’ll see better than expected earnings in the coming quarters. It’s a buy it and forget strategy.

Yesterday sell off is uncalled for out of panic which is a good opportunity for us to reload.

So volatile today

What’s with this sideways bull crap today?

@Shorty, What’s the play on $AA for tomorrow?

What’s the play for tomorrow Shorty?