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Russel Metals Inc T.RUS

Alternate Symbol(s):  RUSMF

Industrials Industrial Distribution
Russel Metals Inc. is a metals distribution company in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel distributors. The Company’s network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers. It provides processing and distribution services to a base of approximately 34,000 end users through a network of over 53 Canadian locations and 23 United States locations.


TSX:RUS - Post by User

Russel Metals Inc
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Comment by CanMan17on May 21, 2010 11:46am
805 Views
Post# 17122075

RE: Would $18.00 be a good entry price?

RE: Would $18.00 be a good entry price?
IMO, if it does drop below $18, the long term upside potential would far outweigh the short term downside risk.

In other words, I think starting at $18 is pretty good.  You can always average down on weakness, and take advantage of a nice dividend yield.

Regards,
CanMan17
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Bullboard Posts
Dealroom for high-potential pre-IPO opportunities