RE: LAST STEEL STOCKToday's trading volume is the lowest in last 4 months.
But SP up 2.69%.
This is interesting to me.
Most of current shareholders will not sell this stock.
Reason is obvious.
RUS is the next to be taken over after Dofasco, Harris, Ipsco, Algoma and Stelco.
Buyers are on the sidelines and probably looking for pullback.
That's why volume was low today with huge price gap most of the time.
The stock should be monopoly now in Canadian steel sector.
JMO.