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Re: detearing post# 143

Thursday, 10/17/2013 1:26:08 PM

Thursday, October 17, 2013 1:26:08 PM

Post# of 1806
I went long small position here. Plan to hold for about 2 years.
AKS doing quite poorly right now but the outlook in the future for the US steel industry is not bad. Fairly low raw material prices are locked in, construction is expected to be ramping up again next year and other good news is expected to follow.
Will this go to $70 detearing again? Don't think so.
Will it be above $10 2 years from now ? Quite likely :).
Hope you don't mind me piggybacking my investing off of some of your plays.