Gerdau AmeriSteel Corp. (GNA)

[stocksablaze]

yo realest thanks for the hot info, again:) so yeah, i sold most of my position a while back. actually moved a lot of it to load SUTR under 3.00 last few days. But, I still hold a core just because GNA has been so good to me:)

So, a buck? really?? I see what your saying, but I just can't imagine a giant like GNA going down 10 fold. so they're stuck with inventory yes, folks shopping elsewhere for prices, means a few bad quarters. Naturally this will only deplete the share price, but considering the market as a whole has sold off also it doesn't make me worry as much. one may look at it as a great buying opportunity...no?

so we need some price adjustments and the whole financial mess to turn so the market can make up the losses. plus, steel has looked bad before, only to recover. what do you see different this time then the other impending doom days for the big boy steelies? :)