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Companhia Siderúrgica Nacional Message Board

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  • mmports2010 mmports2010 Jun 9, 2011 11:21 AM Flag

    What is wrong with this stock

    I agree it has been dropping serously but when the Brazilians see the amount of time they have to prepare for the World Cup and the Olympics the will start building at a stronger pace and SID will have to go to the 20's

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    • I definitely see this stock going to 20 in the long term. But for now, for some reason it is just going down down down. I never thought it would hit the 12 dollar mark, but it is on the way. I really do think it is a strong buy for long term. My other Brazilian stock, UGP, got hit a little these past few days but not as hard as this. I will hold out and buy when I feel it has hit bottom.


1.94-0.09(-4.43%)4:01 PMEDT