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Don't know why he didn't post it here, gave a heads-up last night on another thread..Guess he is working elseware today...Anyway, the stock is moving...
Posts: 10729 | From: oregon | Registered: Feb 2005
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Re-tracing hard now...Guess I know why Tex said watch it! and he didn't post the thing! LOL
Posts: 10729 | From: oregon | Registered: Feb 2005
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This is a major steel merger......I'm not taking this off the radar just yet...Might be a solid investment..Apparently not a done deal just yet, with Arcelar....
If deal closes? Marketwatch states there could be a scramble for the smaller steel manufactures in Europe to consolidation....
Market leverage is key here...Combined company would control 10% of the worlds steel market.
Posts: 10729 | From: oregon | Registered: Feb 2005
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quote:Originally posted by Dustoff101: Re-tracing hard now...Guess I know why Tex said watch it! and he didn't post the thing! LOL
wont fall..has support..unless indexes fall hard like two weeks back, look for gain till around 34.2-34.5.
-------------------- All my posts are based on my own opinions and not to be taken as buy/sell recommendations. Posts: 961 | Registered: May 2006
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Fed spook about interest rates may cause a dip here, who knows, main market open will tell the story.
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
howdy dustoff it's nice to see you again. marketwatch is right, but i'd keep an eye on the mid sized and large american steel companies, some mergers will defanitly be in the works.
-------------------- skids are for kids Posts: 206 | From: Germany | Registered: Apr 2006
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