Wednesday, July 13, 2011

Would you invest in a steel company?

I think US steel corp is a great mover company. I think within a few months to maybe even as long as a year it'll go back up to at least a $50-$55 price. However, of all stocks today that are dropping like flies this stock is actually going up. It's currently trading at $43.17. I think it'd be a fair price to buy at $40 but i doubt it's going to hit that anytime soon if ever. Your 2 cents, have you ever heard of this company if so what do you think of it?

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