RE:Large VolumeNo, that was me. The stock was dirt cheap and I bought over 1,000,000 shares at the bell.....lol. (Wished it was me!!). Marsman, that's an astute observation. It could have been a very wealthy investor who saw a bargain. There were large blocks of 35600 and 7100 shares at the bell. I noticed yesterday BNN flashed a headline saying iron ore fell below $100/ton for the first time "since last July". Steel prices are falling, but not that much. Amazingly, all some people need to see is that word "Falling". HRC is still trading on the CRU over $1700, which is above $2100 CAN.
STLC shares may be treading water for a month. But as soon as Nov. 10 approaches and passes, you can bet that this stock will get an enormous lift. Seems to me earnings for this Q. will be in the $7/sh range, and that should propel these share prices into new territory.
Anyone know approximately what the selling price of HRC has been in July and August? This month it has been well over $2000 (CAN) for the entire month. If memory serves, I think it is above $2000 for the entire quarter.