what a stock....U must wait when NASDAQ crashes to see how bad FB will be....it can happen any moment now since QQQ hitting its lifetime high and $$$ has its limit!
$1-$2 down but upside can be huge! Wait until 2014 when Presidential Election Campaign starts, Republicans will go with steel/coal and against Obama...if you are long and either U R Republicans or Democrats you will be fine here in 2014 forward.
Same pattern applied to NEM - You can easily make money on NEM today...big money boys shoot it down to second new low and start to cover. Longs can only make money is to be patient, buying low....shorts always want to destroy things and that way they make money. So far this year shorties lost a lots of their money in the market.
government subsidize for steel will be removed so steel price will go up in the near future.
their business from profile- X is going wild too....breaking new high meaning steel will be doing wonderful in years to come!
Chromite project and steel sector! We are at the worst time and it can only get better....China declared new Air Defense Identification Zone makes Japan increase $240B in defense budget, Asian countries start buying more war planes, ships due to aggressive China.