Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: RockyBalboa who wrote (3177)	1/7/2008 5:37:33 AM
From: RockyBalboa	Read Replies (1) of 6370

A new year and a new short idea, MT. It is impossible that the financial engineering solved all the problems of an ailing European steel cooker. This brinkmanship can not pay off in the on going recession. I am always wary if cash flows do not match stated earnings, as it is the case for MT. MT has significant debt, too. They can not compete with chinese steelmakers and otherwise operate in outgrown economies.

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