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Mechel OAO Message Board

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  • apostate_001 apostate_001 Dec 24, 2008 10:30 AM Flag

    Why this stock is at 4.15

    1) Levels of cut backs in steel production by almost all producers should exceed any loss of demand due to lower GDPs

    2) Isn't Putin's track record regarding seizures being exaggerated. I only know of 1 oil company that was taken over. And surely Putin knows that any seizure of MTL or other large industrial company would have a horrible impact upon external investment capital.

1.23+0.06(+5.13%)3:52 PMEDT