The way you guys are talking this thing is simply a license to print money. If it weren't for the fact that the ol wily hound knows that cyclical companies tend to trade at a very low PE of about 7 at the peak of the cycle I might be tempted to really jump in boots and all. Looks like a pretty good punt, (make hay while the sun shines), until the chart turns is how I would characterize this opportunity.
A very old nag that seems to be performing well on the current firm track conditions but what if the track turns a bit softer ? Could say the same about another company that sells shiny metal things, MHJ. Its all good when there's massive sector tailwinds but down the track when conditions change...
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