Post by
forkliftguy on Oct 01, 2021 11:13am
What's not to like
I rode this stock up to 51 dollars . At that price I thought it was undervalued . Now it has fallen to 36 dollars . I bought some more this morning . It continues to be my largest position of the 18 stocks which I own . I expect it to either rise above 51 dollars a share within the next 6 months or to be taken over in a buyout at or above that price . There are several options which management can do to increase shareholder value . I will leave those options up to them . Don't dispare folks . Better days are ahead .
Comment by
fishcarrier on Oct 01, 2021 12:50pm
TipRanks has lowered their outlook, but the lo is still the same at $55, medium is $59.25 and the hi $62. So, yes I agree with you I will not be selling this stock anytime soon. Futures in steel continue to show prices above last quarter's average.