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| Symbol | Sector | Return | Exposure | Trades | Last Trade | Status |
|---|---|---|---|---|---|---|
| GNA | Iron and Steel | 1.59% | n/a | 3 | 03-Dec-07 | Prior Holding |
03-Nov-07
Cheap
Holding Rationale for GNA.
Its a cheap steel play. Recently made a big acquisition (for their size) and had to come with a secondary offering which is where I picked up this stock. I think stock is not moving because GGB owns over 66% of the stock. With steel prices firming and show no sign of easing over next month, look for a price of $15 over next 3 months from $12 now. 25% move expected.
Tagged Stocks: GNA
Posted at 07:21 in Holding Rationales | Permalink | Top
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