Alcoa (aa)

Well wadda ya know it came in right at the average .81.

 

looks like they missed revenue by .24 cents

oh no market will crash

Down a whole 50 cents in AH

will the dow drop 400 points tomorrow as a result of this? Possibly so.

 

aa missed earnings and reve's not even down. when they beat it skies

 

debating whether i should hold it till tomorrow or dump it now. any suggestions?

 

Because its PPS is as inflated as the DOW.

No, I didn't make a play. I just like to go against the public money.

I think its a $39 stock tops.

 

I bailed with a 300 dollar loss. I was thinking about shorting it and it dropped right when I was about to.

 

missed both on eps and rev.

 

A pE of 17 is not overinflated...

 

However if you consider the inflation and weaken usd; AA result is on its weak side.

 

Especially when considering that they lowered expectations last week. This is supposed to be the quarter when the market beats because expectations were low. Lowering and then matching doesn't follow the business model.