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Companhia Siderurgica Nacional (SID) Message Board

  • skime19 skime19 Dec 3, 2010 11:41 PM Flag

    Trend upward

    I think we are heading up. Shorts that didn't cover below $16 will be buying back shares on the way up making the PPS increase with trend faster than ussual. I've followed this stock for a few years. In the past, big increases in short interest to this stock are followed by a dip and a sharp price increase. I anticipate a $2+ increase this round. Now is a good time to get on the train. I'm in and will buy more next week on a dip. $19+ a share by the end of the year.

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SID
4.41-0.26(-5.57%)Aug 28 4:00 PMEDT

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