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Bullboard - Stock Discussion Forum Stelco Holdings Inc STZHF


Primary Symbol: T.STLC

Stelco Holdings Inc. is a Canada-based integrated and independent steelmaker with advanced integrated steelmaking facilities in North America. The Company is engaged in the production and sale of steel products. The Company produces flat-rolled value-added steels, including coated, cold-rolled, and hot-rolled steel products, as well as pig iron and metallurgical coke. It also provides gauge... see more

TSX:STLC - Post Discussion

Stelco Holdings Inc > Squeezing out the short traders
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Post by extremerisk on Dec 21, 2021 11:03am

Squeezing out the short traders

That's the play here.  The shorts will disappear with $250 million floor to deploy at 37 a share.  No pint shorting Stelco now.  That's almost 7 million shares worth of cushion.  

Upside based in steel prices demand and overall market.  Would love to see Stelco do a deal with Tesla same way steel dynamics did for the cyber truck coming up next year.

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