Post by
forkliftguy on Dec 30, 2021 12:42pm
Range bound
I think Stelco will be range bound between 37 dollars and 40 dollars until this auction process plays out . I think the company is trying to attract volume blocks in the 37 dollar vicinity . If the stock was 45 dollars , why would anyone sell at 37 or lower ? Late in January and early in February , I think a lot of good news will be coming our way . In my opinion , Stelco should be trading in the 60 to 80 dollar range . There is no chance of me selling any of my position until we reach those figures . This is what I call a " Deep , and I mean really Deep Value Stock " .