Good earnings since 2017. I think it's worth at least $18. Took a small position at $14.68.
Comentário
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Doubled down and will continue to do so. Analysts covering this one are either complete idiots or live in total fear of their superiors. Buy at $44, sell at $12 - great advice boys, your record belongs in the Bathroom Reader comic section.
did you exited this trade as well ? very curious !!!! please advise...
JakubKonieczny
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@LoLBeach, Been trading it back and forth. For one reason or another this stock always struggles under 25, but once it breaks out it really breaks out.
CodedFlow
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@JakubKonieczny, that reason is dumping prices practiced by BRIC countries
CodedFlow
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@JakubKonieczny, for this stock will rise there are 2 scenarios: national building projects (promised but not executed yet)... or a funny conflict which will trigger massive steel orders...
CodedFlow
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so you think that US will start a building spree... might be... as a salvation plan ! URI up too in this case...
JakubKonieczny
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@LoLBeach, Infrastructure spending to divert attention from china? I don't know, valuation seems fair is all.
CodedFlow
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@JakubKonieczny, not only to divert - but to balance the economy which will be hit... and usually is only one way: build and fix infrastructure... = steel. the long promised plan to MAGA :)