About four or five years ago they were debt free and takeover potential was there. Since then they borrowed 300 mil to buy Seadrift and last year another 300 mil to buy back shares. I am not sure they are as attractive now, but we can only hope someone sees the value. If Nucor bought them they would be fully integrated from electrodes to finished steel.
I added to my misery by buying more yesterday at 7.15 or so.