investors have been a bit scared of a slow down in the construction sector, fbu today has showed that things are going along gang-busters at the moment and with comercial taking over from residential it doesn't look like it will slow down any time soon.
Don't forget that once commericial slows down there will still be a large amount of public works construction, and that, if anything will use even more steel....
Could say we are on the verge of breaking a 15 year sustained down trend
I love being part of history
Woohoo...better get some more !
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
3-4 years ago when STU was sitting on $1.30 and had a tiny p/e, I looked at it for a long time and then decided against it. Probably been one of the most untalked about stocks in that time but has shown legs.
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