RE:RE:RE:RE:Still a Steel ; make that a Steal Stelco has rarely closed under $40 in the last 4 months.
The current pullback seems a little strange coming off a recordbreaking quarter & an increased dividend ... if it goes much lower the Price/Earnings ratio will be under 3 ... absurd IMO for a company with no debt, piles of cash and another excellent quarter on the way.
Will continue to buy more as it drops.