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Gold/Mining/Energy : Alcoa, Inc. (NYSE:AA) -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (53)2/16/2013 12:26:18 PM
From: Mad2  Read Replies (2) | Respond to of 67
 
Well despite RIO's acquisition at the top of the Aluminum market their stock has fared better than AA as other mineral business has held up better, a reflection of how poor the Aluminum market has been.
Anyway Albanese, RIO's CEO stepped down over the poorly timed acquisition of Alcan.
All things being equal now should be a great entry point for AA who has ample presence in downstream Aluminum markets.
We'll have to see how it all plays out with China and the Russians whose decisions are always made according to free market analysis.
mad2