SocialPicks Monitor new  |    Stock Idea Community
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
The Rock-Star Investors Next Door
SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.
Top_member_photos
Get free stock picks and email alerts daily
 
Are you a stock guru?

3 pts

Opinion on  Mittal Steel Company NV N Y Registry (MT)     Sector: Basic Materials  >  Industry: Iron & Steel
MT Enhancing Distribution in Middle East

Jun 30, 2008 11:38 PM UTC
Return Risk
-43.38% LOW
Analyst

Today, Arceclor Mittal, a company with more than 300,000 employees in 60 countries announced plans to enhance its distribution in the Middle East.  http://www.marketwatch.com/news/story/mondays-biggest-gaining...   A Market Watch report stated that "ArcelorMittal,

(MT) the world's largest steelmaker, said it would buy 60% of a new Dubai company, which in turn plans to acquire the main business of a steel distributor in the United Arab Emirates, Dubai Steel Trading Co." 


MT:  This call was made on 06/30/08 @ $94.77
Rating:   Positive   $94.77 (06/30/08)
Gain/Loss:   -78.47% in 142 days


Comments (1)

Add Comment

Arrow_up
Arrow_down
allstarinvestor   84%     1 point   commented 129 days ago reply

this may not have an immediate impact but given MT presence in the area I think long term this gives them a very strong position and competitive advantage in the industry, the world is flat

Your Comment



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 noshoes 23.31 +47.48% 159
2 Gerald Greene 18.50 +42.90% 50
3 krprasad 16.69 +18.68% 4
4 The Big Bear 15.63 +40.90% 205
5 akiralegrand 14.59 +16.71% 41


POPULAR STOCKS
Symbol Company Name Sentiment
AAPL Apple Computer Inc
GM General Motors Corp
JNJ Johnson & Johnson
MO Altria Group Inc
ETFC E*Trade Financial Corp
T AT&T Inc

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
Mittal Steel Company NV N Y Registry (MT)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
80.0%
Top:
40.0%




Latest Picks by Gloria Ford
Symbol SP Sentiment Rating Return Since
ADCT Neutral/Hold -37.79% 07/29/08
ERII Positive -32.77% 07/06/08
PPH N/A Neutral/Hold -12.22% 06/24/08
COGT Positive -9.72% 06/23/08
TTM Positive -65.39% 06/21/08

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch