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ArcelorMittal Message Board

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  • jorgey54 jorgey54 Mar 3, 2012 10:23 PM Flag

    MT Long Term Holders

    I am a lobbyist for the Coal & Steel industry in Washington, DC. I bought more stock of MT when it hit $17. I reinvest my dividends, so my view of this stock is more of 5-10 yrs down the road. I believe that MT has great management for these hard economic times. In my opinion, they get an A for how well they have manage their debt to equity ratio the last 3 years. I hope that real change will happen in Washington for the Steel industry and against the EPA regulations.

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    • Mt is a good company but as a lobbyist I am sure you have observed that other than the anointed green industries, business in general is not favored and specific sectors are held in utter contempt by many in D.C.

      Politicians come and go, but too many of them have come and stayed.

      One definition of insanity is; Electing the same people for 10,20,30, years and expecting things to change.

      You can hope they change, or you can change the person upon which you place your hope.

      Term Limits would be a great place to begin.

      I would bet you could tell some stories in regards the encrusted incompetents you have encountered, if you dare. lol

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