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Re: None

Friday, 05/26/2017 1:00:12 PM

Friday, May 26, 2017 1:00:12 PM

Post# of 112725
I joined you guys in RYI today so prepare yourselves for 7's.

But there are multiple reasons why I think it will be a good play.

1. Credit Suisse has upgraded the sector to outperform and see's a bottom in steel prices this summer with prices rising in the 3rd q.

2. Trumps 1 Trillion dollar infrastructure spending plan is likely the one thing that Democrats will agree with him on since they all, Repugnants and Demoncraps alike will get to hand out contracts to their donors.

3. Trumps plan to stop imports might help as well.

4. When RYI gives guidance next month I suspect they will parrot what Credit Suisse has said.

5. It's cheap

6. Insiders are buying.

I think this sector could go from out of favor to hot quickly if a couple of things happen and it should be near a bottom. I hope.

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