Alloy Steel Inc. (fka AYSI)

[realest]

Ahem, this company is on the fast track to nowhere for the moment. Nothing by their doings, but it's the metal markets in general. Mining and metal production are coming to a screeching halt. Absolutely no demand, to much inventory still, raw materials stacked everywhere. Mills are in terrible danger, etc.

Anyone thinking these guys are going to return to the glory days this year or next........ well keep on a dreaming.

I believe the long term prospects for the arco plate are there, but i see this now as a buyout candidate for the product. Not much left to see here for the next 18 months.