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ArcelorMittal Message Board

  • great_stox great_stox Jun 28, 2006 11:25 PM Flag

    Better Steel Prospects

    I made some good money in MT, was in and out of the stock three times. Last time I sold my batch of 1,000 shares on 4/3/2006 for $39. Glad I did it! Haven't touched it since.

    I guess now it's time to take it easy. Clearly MT will stay low for a while. Might go much lower...

    If your are into steel try ARLOY.PK. Better yet, look at MTL. This baby rocks bit time! Just bought 500 shares of MTL two days ago, very excited about it. Expect some major consolidation on Russia's steel market after Severstal's failed bid for ARLOY. MTL is undervalued big time and the big boys are coming to get it!

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