RE:RE:Another positive development in todays newsYes agreed bad call. I am going to hold it though in my lira. Drop of steel price and weak mfg has hurt the stock price. Volume today pretty high. May be close to bottom here. It will come back. They have cash to buy back. Who knows when they may start to buy. Management tries to pick the bottom just like all other investors.
Other steel I hold Russell Metals has not suffered as much and pays great dividend.