BOUGHT 250 SHARES OF AA AT $7.8775
February 2nd, 2009
*Note – I made this trade before launching ClearTrades.com so the details are a little light. You can expect to see more information on trades made in the future.
Long 250 shares of AA (Alcoa Inc.) at 7.8775.
I’ve been watching Alcoa since last November when it had a similar dip in price (as low as 6.85 then) and then recovered to over $10 per share. I’m bullish on commodity prices going forward and it seems like the dividend is holding up for now. I bought this for both the dividend (ex date was 2/4) and price appreciation. I view this as one of my conservative holdings and I will probably hold it longer than most of my other positions.
