some stocks like MT have stayed low for 3-6 months , and All ANALysts will pretend like these companies are going to disappear.
Not too long ago.
e.g. United Airlines $3.18, CAR $0.42, LVS $2, KBH $4, LNC $6, and so on.....
Look at them now, they are all 6 - 20 times their low values. some more than 2500%.
MT, could easily do 1000 % up from current values.
Traders and market has bunch of lies about steel, just to keep the prices low IMHO, so that money these guys are making in other stocks right now, will be all rolled into STEEL in very near future.
When steel runs , it will run like there is no tomorrow. ....
it could kick in any day.. IMHO.
I been a Steel buyer recently..
and higher. IMHO
this is one of the few stocks left which is still trading a lows. everything else has moved on.
so , IMHO, institutions may be buying and parking money here for hopes of this stock going into 20's this year.
which will drive pps higher.
lets get it up to $30.
And has to be IMHO. Economy cannot grow without steel.
All construction and mobility needs steel. it is basic commodity.
IMHO X = $30+
more money for all steel makes. including AKS.
Its kind of same thing when all airlines were losing money , fairs were low. UAL was $3.18.. and now $30. Since then they raised prices, started charging for bags. kinda started charging for toilet paper. :)
Same happening to Steel. with economy recovering. AKS, X, MT, STLD and all others cannot keep going doing. their PPS has to double up at least from current range. IMHO.
not too long ago was over $50....
it could hit $30 very quickly in my opinion.
one year two year, no problem. I know I wont be selling below $40/share.
Sentiment: Strong Buy
Have taken a small position., STEEL is the only sector down, it will come up. (along with SHIPPING and COAL).... soon. IMHO
only matter of time, when steel stocks come out of shackles. and then watch;em run.
X could be $35+ easily.
if you cannot find value anywhere today in stock market, its in Steel IMHO
May be I need to revise and lower my buy. with $4 target, it may actually go into 3's after the reports hit in next few quaters
bofA target wil likely materialize. and those analysts are probably buying in bulk or will buy in bulk after lowering target. all IMHO. and how it is to make money for analyst companies.
makes you wonder.
All IMHO....have loaded ....
I know Natural Gas is getting more publicity, but Coal's not going anywhere. And big companies like ACI, are not going away IMHO.
Couple of days ago, I had the hunch this is hitting $5 (from 5.45). I put in a order for 4.99 , just for the hell of it.
got the shares and lost 2% already. farely decent amount.
There is nothing bad about this medicine to get rejected by FDA. Its Hydrocodone with extended release... I dont understand why it would get rejects. But all IMHO.
people just dont know the potential of this medicine. Its Huge. really HUGE...
I look forward to ZGNX in double digits.
couple of more products like that and revenue will double.