well, i bought today...

  1. 798 Posts.
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    Well, I bought some AWC today...

    It seems to have good volume supporting the share price at the $0.65-$0.70 level. The last few days it has jumped to around $0.80, still with good volume. I am concerned at the level of shorts outstanding (around 8% from memory) but today's action was very good considering most other Materials were down well over 1% and getting towards 4% for some.

    I wonder if there hasn't been some "leakage" of tomorrow's report behind the increased volume. Or perhaps it is just recognition that Al has fallen about as far as it can, and will trend up over the next few years.

    I wouldn't mind hearing from those more knowledgeable. I've done a lot of reading but I am still a novice with the Al, alumina and bauxite story.

    Kindest regards,...
 
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