Stelco Inc (STE.TO)

TRADE
Creditor protection was good move, positive developement
SELL
Not recommended, unless prepared to lose everything.
SELL
In a tough industry, lots of labour issues, bonds have rallied/stock is not. 80 cent dollar would bankrupt company 1.60 cent dollar would make them money. Wouldnt own a stock like that
DON'T BUY
The Canadian dollar has to be a lot weaker for this company to have any success. A tough industry and they have a lot of labor problems.
DON'T BUY
Needs a lower Cdn $. Dofasco is dragging which gives a view of how people are viewing the Canadian pricing and Canadian steel industry.
DON'T BUY
On their watchlist.
DON'T BUY
Continues to have a very iffy balance sheet. Feels that steel companies have moved too far and too fast.
DON'T BUY
In spite of the boom in the US economy and the increase in steel prices, this company is still losing money.
DON'T BUY
Steel industry globally, is running very strong. Should go insolvent so that they could restructure.
BUY
Steel cycle is starting to pick up.
DON'T BUY
An article in Barrons Re: a shortage of steel, sparked an interest. Would rather own the convertible debentures. Speculative.
DON'T BUY
Not a fan, but the steel industry in Canada seems to be back on wheels. Good benefits in the short term.
DON'T BUY
There is a risk that they could run out of cash. You are better off buying the leader in the industry.
DON'T BUY
Steel industry in Canada is a tough spot to be in. Unpredictable.
DON'T BUY
There is a question if the company will be in existence a year from now.
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