Stelco Holdings Inc STZHF

This price action

[marsman1]

might take a day or two to wash itself out . Maybe good traders can trade it but for me it is not worth the risk of missing out on a big new uptrend which will happen. There is too much potential to keep this stock from going to $45 or $50. Earnings rapidly rising , cash on hand rapidly rising , maybe a stock buy back , maybe a special huge Div. , maybe even a buy out . I am just holding , and adding .

[dieter216]

Agreed.... we will be seeing a major run up again soon, over $40 and by time early August rolls around we'll be looking back and saying remember when it traded below $33.00. They're going to be sitting on a pile of cash come end Q.3, its a good problem to have. This commodity market has legs, dare I say we're at the beginning of another Commodity SuperCycle? If that's the case, we

[fishcarrier]

Agree entirely.  Just figured BMO is going to dump a lot of stock on the market today, so I sold my position. But then I bought it all back today. If Mr. Kestenbaum is willing to invest very heavily into this stock, well, there is no better advertisement. I may trade  a bit up or down as the market moves, but I certainly want to be fully invested until I see the Q2 returns, and maybe far