Seems like the $ is betting on BK 1st. However if the metals start to garner some attention then I could see $10 fairly quickly.
i voting bk
$10 @ 2014/2015
BK is a long way off if it happen, debt maturities five years out or so.
will need to see a collapse in steel prices to drive BK , and from what I am seing the opposite is starting to happen.
There is noway we will see a total collapse in steel prices just wont happen
if it goes to $10 - $30 won't be far behind. That is how the cyclicals work. move up will be huge in the next 36 months.