aubley seems to have called truce, is that good for stock?
No more bashing. He even started talking good about them. They kept the dividend. Maybe now is the time? I think steel demand in this country is about to take off some. Homebuilding is coming back, and with it new strip malls ect over next few years maybe? If it wasn't for Bernanke ECB and japan printing all they can, I think WLT would be doomed. But since they are and WLT is so incredibly leveraged, it could go to $28 pretty easily which would be a good % return. Really it is impossible to value a company with the degree of both operating and financial leverage as WLT. it is really like 6 timies leveraged. 3 times with debt, and another 2 times at least with operating leveerage. Any uptic in met pricing and this goes up 30% in a week.