I always like to imagine a buyout of these low cost steel companies given the whole American protectionism stance. would aks only be worth $5.20? I think that is very low value for this company
I might be a fool and this stock took me in the past, but I believe all indications and directions from management point to $5 as a bottom and rising significantly with the next earnings call.
Q: What's the difference between a Democrat and a prostitute? A: The prostitute gives value for the money she takes.
rats are fleeing Trump Ship like its going to sink soon.
ArcelorMittal SA, a $41B company, with its subsidiaries owns and operates steel manufacturing and mining facilities in:
a-Europe b-North and South America c-Asia d-Africa
MT operates through five segments including NAFTA; Europe; Brazil; Africa and Commonwealth of Independent States (ACIS), and Mining.
In their 8/16/17 Newswire addressed the situation in South Africa’s “negative Impact” to their bottom line seems to imply a shift with possibly adding/replacing more mature and profitable companies to their portfolio. IMHO AKS and CLF seem to be good candidates.
It is a fact AKS and CLF have turned the corner with improved earning potential, even without Secrion232 (which may be brought to the front again).
Someone is buying on these dips and I is an interesting thought, just another reason for me to be long in in all three.. Happy investing!
Back to $8 soon
I think $3.75 is a good entry point in AKS
It is very nice, AKS is holding strong, and it makes sense
All aboard... this elevator is going... UP!
Easy buy here. Can't go much lower. If it does I buy more and hold. I am long.
Alabama hobo what do you think of the stock going up I think Trump did that he must be doing something right go cry somewhere else your moron