Alcoa (aa)

Nugget · Jul 9, 2007

Anyone have any predictons?

PeterSt.Patrick · Jul 9, 2007

A 5% stock jump after earnings release.

Nugget · Jul 9, 2007

thats what the little old lady said on cnbc... lol Im long from 41.88..Probably holding through earnings..Plus there's some merger talk so I hope they release info on that as well..

NJtrader80 · Jul 9, 2007

Does anyone else think the earnings are going to be higher than expected?

PeterSt.Patrick · Jul 9, 2007

Quote from NJtrader80:

Does anyone else think the earnings are going to be higher than expected?

Of course.

Quote from PeterSt.Patrick:

A 5% stock jump after earnings release.

kashirin · Jul 9, 2007

analysts reduced their estimates so AA will exceed expectations although forward looking is what must be watched

frank grimes · Jul 9, 2007

I have a different view, who gives a shit! The earnings game has been rigged for a couple years now. Under promise, announce buyback, beat by a penny or two. What you have to love is companies buying back stock at peak earnings! Just trying to sell out to an overstuffed private equity player, who inevitably will blow themselves up. History has a way of repeating itself, what a shocker!

jazzsax · Jul 9, 2007

crossing my fingers... holding a bunch of JUL 45 calls....

5 percent jump would make me some decent coin!

NJtrader80 · Jul 9, 2007

Quote from jazzsax:

crossing my fingers... holding a bunch of JUL 45 calls....

5 percent jump would make me some decent coin!

You better hope for more than that. 5% won't even get you to $45.

stock_trad3r · Jul 9, 2007

The importance of AA earnings is being exaggerated. Even if they miss the market wont go down that much. Not a big deal.