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Strategies & Market Trends : Value Investing

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From: Paul Senior	8/11/2008 11:01:58 AM
	of 78701

As an adjunct to buying steel (and iron ore), I'll add a few shares to my losing position now in molybdenum producer TC. Company seems to have some short term inventory problems. Earnings estimates next year by the two analysts (per Yahoo) who follow the stock are over $3/sh. The stock now trades under $14/sh. Moly prices seem to be holding up, and I am betting that steel demand will remain favorable for steel/steel-related stocks. biz.yahoo.com

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