I believe that the quarter should be a good one

1. Inventories of Aluminum material is at a 5 year low.
2. China is in need and removed Alumini power taxes.
3. Alcoa sold off container division for $2.7 Billion
4. Recent 10% jump in Aluminum metal.
5. Electrical bidding cost from energy producers.

Just do not fuss over eaernings... aluminium is dirt cheap and users like it that way so to make huge profits off aluminium suppliers who are too happy to run with what they can get without regards to the welfare of sharehlders. At 1.20 a pound today, aluminium is still on a fire sale or garage sale for too long. It used to be at 65 cents a pound which was a laughing joke. It had to climb to now just out of sympathy to the stellar rise of copper to $4 a pound from 85 cents. It is just that we can fathom the real value of aluminium itself. Sure, copper prices causes many rashes of copper thefts. Aluminium will be no different and it is a phase of adjustement that we have to go through . We have to own up to the fact that aluminium is truly worth at lesat $3 apound no matter what. Now , dont worry about the earnings this week. Just decide when to buy Alcoa is not hard except that it may still fall a little or never. AA had been climbing to 48 during takeover efforts of Alcan before falling back to 35 now. I really cant tell you if it is at bottom now. It was at low of 23 a couple years ago. So it is hard to tell exact when to jump in but the improtant thing to remember is that AA is destined to go over 100 or even 200 once aluminium hit $3 a pound. Copper miners went up tenfold since 2000 when last lows was hit. It is no brainer right now. If you are fretting over the question of next low of AA, you better watch AA everday , I mean everyday in hope of AA falling to 30 or 25 before jumping in. Really, 35 is really cheap . Really cheap. Just buy 10 shares or 30 now and see if it falls more before accumulating. The supply demand balance may be stubborn for a good while as users are fretting about the inevitable rise of aluminium prices. They are doing everything to manipulate aluminium prices now. you see Alcan doubled aas Rio Tinto bought it for 40 billin. AA is bigger than Alcan which mean AA is worht much more than now even at today cheap price of aluminium. Plus, aluminium will go to $3 guaranteed but when? I dunno. AA will be a ten bagger within this decade. or 8 bagger. Yes we will witness aluminium thefts so rampant all over. Thieves will probably smash and strip your windows for aluminium scrap unless you already replaced yours with cheap vinly windows... The authorities are too slow to enforce those scrap dealers.

aluminium are stubborn low because window inistallers had been so busy replacing home windows with cheaper vinyl windows and recycling old aluminium windows. There is still an overhang of supply. Once it is over, aluminium will climb