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Forward Industries Inc. Message Board

  • short_this_market short_this_market Jan 2, 2013 12:32 PM Flag

    Severstal supplies steel ford in China ( SUTR) supplies them

    steel so if true then watch (SUTR) once it pops then you know that Ford stock is rising in china from there auto industry which mean ASIA is growing again for demand... right now is a great time to take a short position into ford cause domestic sales will slow big time til inventory is reduced... right now delco or DKP as its known in Detroit or Buffalo is slowly down on TRUCK TRAFFIC for steel shipments which tells me there will be a slow down to allow inventory to be sold off at cost or for a loss..... if you play the Industry watch steel supplies for a pump then dump watch (SUTR) for China and the pump on US steel has already happened... so the end result companies like ford Gm Toyato ect ect are short this week as they pump the prices higher time to grab a short position easy money....

1.14Oct 21 4:00 PMEDT