RE:RE:RE:Stelco CEO Warns North America Market a 'Falling Knife'Tomorrow option expiry day which I think is fooling the markets overall. I plan to add Stelco tomorrow. Jan 26 is deadline on buyback and with higher volumes looks like is happening between 31 and 37 a share. 1 billion is cash divided by 70 million shares is $14 in cash. Share price of 33 less 14 gives you $19 a share. This is now under 1 price earnings. Only scenario steel prices fall off cliff is a recession which I don't think is in the cards. Steel prices dropping slowly. Also when in human history have commodities prices gone down during inflation. The answer is never and we do have inflation so prices will be bottoming soon.