Posted by threenil03 on 19th of Aug 2011 at 03:16 pm
Just wanted to get some of your thoughts on arcelor mittal (MT),
largest steel company in the world has a dividend and a book/share
about 40. This stock is trading at mid 19's seems like a real value
trade here. How low can it go?
Stocks can go lower - don't try to catch falling knifes.
Remember 2008/09? Anyway, wait for a reversal signal indicating
that buyers are stepping to the plate versus attempting to pick
exact bottoms.
ArcelorMittal
Posted by threenil03 on 19th of Aug 2011 at 03:16 pm
Just wanted to get some of your thoughts on arcelor mittal (MT), largest steel company in the world has a dividend and a book/share about 40. This stock is trading at mid 19's seems like a real value trade here. How low can it go?
Stocks can go lower -
Posted by steve on 19th of Aug 2011 at 03:26 pm
Stocks can go lower - don't try to catch falling knifes. Remember 2008/09? Anyway, wait for a reversal signal indicating that buyers are stepping to the plate versus attempting to pick exact bottoms.
sept 15th
Posted by lamb on 19th of Aug 2011 at 03:23 pm
be careful every thing should be much ,much lower by sept 15th!!
yep probably good to remember
Posted by bkout3 on 19th of Aug 2011 at 03:31 pm
yep probably good to remember we're going into Sept Oct in terms of history