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  • marketaddict2003 marketaddict2003 Mar 31, 2007 7:34 PM Flag

    why is PKX up?

    What kind of question is that. It goes up so I can short it. I hope it keeps going up and I keep shorting it. I love that stock. It is the only stock I am making money on. If the economy goes into recession. The sub-prime collapse and Alt-A mortgages is next. Who the hell is going to buy steel.
    Buy steel to make what? cars are not selling. Houses, I don't think any body is buying houses any more I am trying to sell a vacant house for one year now, even I dropped the price 15K and no taker. I had one interesting buyer but his mortgage application was rejected. Banks are tighening credit. It is scary because it is getting worse not better.

 
PKX
60.64-2.36(-3.75%)Feb 27 4:02 PMEST

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