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Gold/Mining/Energy : PRUDENTIAL STEEL (tse:PTS)

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To: zakaran who wrote (43)2/17/1999 10:27:00 AM
From: BGraham  Read Replies (1) of 69
 
Zak;

The previous post(re successful Investor) makes a lot of sense.There seemed to be support at 5.50 for a long time. Broke through that level yesterday. Can anyone offer a technical take on the action of this stock? No doubt the current malaise is tied to oil exp. and prices. It would seem to be a decent one to hold for any turn around in this sector. You can even collect a 3.6% dividend for your patience, assuming the dividend will hold.

GB
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