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chmcnfunds

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chmcnfunds

Re: I-Man post# 1390

Monday, 05/22/2017 8:25:06 AM

Monday, May 22, 2017 8:25:06 AM

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Although it seems that the proposed budget will have $200B for infrastructure (we'll see tomorrow), that is approx half of what Obama proposed and less than what Congress was willing to approve for 2016. Nonetheless that it likely will be in the budget is a good sign for United States Steel.

Always lawsuits for big corporations. Coincidentally I know the person who helped win their recent lawsuit but that has nothing to do with my recently buying X. Merely see X as undervalued for now. Lawsuits concern long range investors. It goes up enough today and I'm out until there is a dip.

Wouldn't doubt that the insiders had info regarding the proposed budget line since the CEO has been in touch with the WH.
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