Archive for the ‘Mechel (MTL)’ Category
Mechel took another 9.63% haircut today – a worrisome sign for anyone looking for that quick bounce right? Yes, and No. The decline today was on very low volume - 3.87 million shares traded as compared with 22.8 million on July 24th and 34.7 million on July 28th- which means ...
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Mechel is not for orphans and widows - that much is for sure. But if you can stomach some risk, if you have any money to speculate with – I think this is a great name to get into right now.
If you have never heard of Mechel – It is ...
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One of my favorite investment axioms is “try to be fearful when others are greedy, and greedy when others are fearful.” Today you would be hard pressed to find a stock with more fear surrounding it than Russian Steelmaker Mechel (MTL).
The Fear
Mechel was obliterated when Putin suggested last Thursday that ...
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