Stelco Holdings Inc STZHF

I am a long term holder

[marsman1]

of Stelco. I understand the volatility . I am up nicely on my investment. The analysts have VERY lofty earnings projections , what i don;t understand is why this stock is not $50 or $60 dollars right now , or do I just have to be patient and wait for it to get there. If I were management , I might be concerned that another steel company might have there eye on the company , or even an activest investor.

[dieter216]

It will be a $50 - $60 stock once Q.2 and Q.3 numbers come out and results are as lofty as Mgt predicts and I know they will be. In the steel industry, everyone is sold out, and prices continue to rise. I have to turn away business due to lack of supply. They will have a nice problem on their hands of what to do with all the cash come Q.3 and Q.4. They have to do something or they will be a