They just reported loss... what I saw briefly, its better than expected.. Anybody following the stock?
If you want to be in aluminum long, which may be questionable in the very near term, take a look at Norsk Hydro (NHYDY). I personally prefer them over Alcoa, because of their particular business mix, and a nice dividend to boot. You might get a chance to pick up NHYDY below 4 soon, as it has been weak on the news that they have abandoned the Asia Aluminum deal. (That may not be the end of that however)