United States Steel Corporation (X)

[tootalljones]

the americans do not care about X, the same way they don't care about anything except getting "free stuff." X has a 5 billion dollar market cap, and in 18 months or so, will have a 50 dollar book value....gimme a break. The stock is a ridiculous steal esp. with Big Bend coming on line, churning out well over 1 billion in free cash flow..............Yup, you are looking at 4.50 earnings at a minimum, per share from this new project alone. ...My view is X will generally make in this new age where steel is a must, at least 10 bucks a share, and with a 6 PE is worth 60.....and this in part because there is no way on god's green earth that China will be permitted to sell underpriced at cost steel in america any longer. Not a chance. even biden and his pack of nutjobs gets this point.