Replies to post #88637 on Savvy Trades and Investments

[worthylion]

FRD--Ex derivative gains, they earned .70 in Q4. Bump it some for their guidance and it annualizes to $3 with historically high margins, which likely will start declining quickly beginning in 2022 when supply/demand normalizes. Steel stocks trade at low PEs, so does FRD really deserve to trade much higher than $15? I own it but am questioning whether it will spike much tomorrow. It spiked then petered out in after hours (last I saw at least).