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ArcelorMittal Message Board

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  • jorgey54 jorgey54 May 25, 2012 9:36 PM Flag

    How much low?

    I bought this stock... @ 18, @ 17 and doubled down @ 15.20! The reason why it drop so low was because George Soros dropped his position in MT between 21&25. But it's okay, I know a Goldman Sachs broker that disclosed that he bought MT at 14.55. Said he still would recommend underweight in anyone's portfolio. MT is 16% of my portfolio. I believe in investing in good companies for 12+ quarters and letting the stock soak up all the future dividends. My point is Wall Street brokers are beginning to taking notice... See you all at 28-30.

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