THE BOTTOM LINE
nOBODY , INCLUDING kESTENBAUM AND HIS BILLIONS , BUYS A HUGE AMOUNT OF STOCK (6.5 MILLION SHARES) TO LOSE MONEY. hE KNOWS EXACTLY WHAT HE'S GOT WITH STELCO. sOMETHING IS GOING TO HAPPEN. wE HAVE DISSCUSED THIS MANY TIMES . A BUY OUT? A SPCIAL DIV. $5 . WHO KNOWS. WHAT I DO KNOW IS THAT EVEN IF STEEL PRICES COME DOWN , AND WHO KNOWS , THEY ARE GOING TO MAKE $12 TO $14 DOLLARS A SHARE THIS YEAR!!! THIS IS THE MOST UNDERVALUED LARGE CAP. IN CANADA. THAT IS WHY THE NEW BUY RECOMEND WITH A $54 TARGET THIS MORNING. WE SHOULD BE LOOKING AT A $60 TO $70 DOLLAR STOCK IN A FEW MONTHS