SocialPicks Sentiment:
** v.s.
other stocks
|
This Quarter's Sentiment:
|
|
|
SocialPicks Community
Russian mid-cap miner
MTL
|
|
|
-84.53%
in
101 days
(closed on 10/10/08)
Mechel mines coal, iron ore, nickel, and limestone. They have been killed recently due to enforced coal price cuts and the general slaughter in the Russian equity markets. First of all, the price cuts apply only to domestic sales of coking coal, we're talking 8% of revenues.
I believe that the market has overreacted. This company isn't in danger of being stripped of it's best parts by Mother Russia. I would average down on this pick.
|
Russian mid-cap miner
MTL
|
|
|
-84.53%
in
101 days
(closed on 10/10/08)
Mechel mines coal, iron ore, nickel, and limestone. They have been killed recently due to enforced coal price cuts and the general slaughter in the Russian equity markets. First of all, the price cuts apply only to domestic sales of coking coal, we're talking 8% of revenues.
I believe that the market has overreacted. This company isn't in danger of being stripped of it's best parts by Mother Russia. I would average down on this pick.
|
Long on MTL
MTL
|
|
|
-10.52%
in
1 day
(closed on 09/30/08)
|
Russian mid-cap miner
MTL
|
|
|
-84.53%
in
101 days
(closed on 10/10/08)
Mechel mines coal, iron ore, nickel, and limestone. They have been killed recently due to enforced coal price cuts and the general slaughter in the Russian equity markets. First of all, the price cuts apply only to domestic sales of coking coal, we're talking 8% of revenues.
I believe that the market has overreacted. This company isn't in danger of being stripped of it's best parts by Mother Russia. I would average down on this pick.
|
Russia is Corrupt : Business thrives on Corruption
MTL
|
|
|
-16.58%
in
21 days
(closed on 09/05/08)
These guys will find a way to keep the money in their pockets, and the money flooding into the Russian currency has to be invested into something between infrastructure and new development. You can't go wrong with steel dealers who are willing to cut deals other people are not.
|
From the Blogosphere
Analyst upgrades, downgrades and initiations: AXP, CHL, FLOW, GLW, GS ...
Trading Radar for 7/10: PriceSmart (PSMT), Mechel (MTL) Report; Import/Export Prices, Trade Balance, UofM Sentiment Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:<u>Before Market Opens:</u>Economics:8:30am ET - Import/Export Prices for June
- Trade Balance for May - Street expects -$30B
Earnings:PriceSmart (Nasdaq: PSMT) - consensus EPS $0.33<u>Intraday or Not Specified:</u>Economics:9:55am ET - University of Michigan Sentiment Index for July - Street expects 70.3
Earnings:Infosys Technologies (Nasdaq: INFY) - consensus EPS $0.47Mechel OAO (NYSE: MTL)Penford (Nasdaq: PENX) - consensus loss $0.20<u>After Market Closes:</u>Earnings:Audiovox (Nasdaq: VOXX)<><>Su...
|
Analyst upgrades, downgrades and initiations: ADTN, CAL, EXFO, JCI, LUV, VAR, CSCO, KMT, EZCH
Trading Radar for 6/3: Toll (TOL), Mechel (MTL), Joy Global (JOYG), Williams-Sonoma (WSM), Shanda (SNDA), ADC (ADCT), Copart (CPRT) Report; ADP Employment, Factory Orders, Crude Inventories Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:<u>Before Market Opens:</u>Economics:8:15am ET - ADP Employment Change for May - Street expects down 525,000
Earnings:Joy Global (Nasdaq: JOYG) - consensus EPS $0.89Williams-Sonoma (NYSE: WSM) - consensus loss $0.21<u>Intraday or Not Specified:</u>Economics:10am ET - Factory Orders for April - Street expects 0.9%
- ISM Services for May - Street expects 45
10:30am ET - Crude Inventories for the week of 5/29
Earnings:G-III Apparel (Nasdaq: GIII) - consensus loss $0.51Mechel OAO (NYSE: MTL)Shanda Inte...
|
Trading Radar for 6/3: Toll (TOL), Mechel (MTL), Joy Global (JOYG), Williams-Sonoma (WSM), Shanda (SNDA), ADC (ADCT), Copart (CPRT) Report; ADP Employment, Factory Orders, Crude Inventories Due
The Trading Radar highlights key earnings and economic announcements for tomorrow's trading session:<u>Before Market Opens:</u>Economics:8:15am ET - ADP Employment Change for May - Street expects down 525,000
Earnings:Joy Global (Nasdaq: JOYG) - consensus EPS $0.89Williams-Sonoma (NYSE: WSM) - consensus loss $0.21<u>Intraday or Not Specified:</u>Economics:10am ET - Factory Orders for April - Street expects 0.9%
- ISM Services for May - Street expects 45
10:30am ET - Crude Inventories for the week of 5/29
Earnings:G-III Apparel (Nasdaq: GIII) - consensus loss $0.51Mechel OAO (NYSE: MTL)Shanda Inte...
|
|
ROCK-STAR INVESTORS
|
|
POPULAR STOCKS
|
|
TODAY'S HEADLINES
|
|
TODAY'S TOP PICKS
|
|
|
Visit streetinsider.com
Be the first to start a discussion and earn 2 points.
More Resources
|
About Mechel OAO
- Answers.com
