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Post# of 129759
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hweb2

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Re: researcher59 post# 105812

Friday, 06/30/2023 11:02:24 AM

Friday, June 30, 2023 11:02:24 AM

Post# of 129759
FRD available in the $9's most of June. I wouldn't be chasing it today. As the stock has a history of fading quickly. Wish I'd bought even more into the report with today's 20%+ pop (easy in hindsight), but I don't like the sector or FRD management. Steel prices have been slipping lately. So their already thin margins will weaken further in fiscal Q2. And obviously this is not the place to be if we're heading for a recession...
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