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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (31920)9/4/2008 3:39:11 PM
From: Jurgis Bekepuris  Respond to of 78774
 
Yeah, NUE is cheap. I will look at it in more detail later.



To: Wallace Rivers who wrote (31920)9/10/2008 3:31:48 PM
From: Wallace Rivers  Respond to of 78774
 
Finally some relief in NUE with an upgrade. Part of the rationale for the upgrade is that a major feed stock (scrap) has plunged in price. NUE is not expected to pass on much, if any, price relief in its finished products.
Another feed stock, petroleum products, obviously has declined in price, as well.

I averaged down again yesterday.


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