I don't trade US stocks unfortunately, but if I did, 'X' stock code is one to keep a beady eye on. Looks like a bargain, especially considering the China tariff issues. A brilliant trading stock imo.
Whoa Nellie! Man I gotta throw a HUGE flag on this one lest some rookie finds this place via Google looking for ideas and reads this. They have a market cap of about 900MM and 2.8 Billion of debt. That's billion with a B. Interest alone eats up over 30% of their EBITDA. Negative shareholder equity... which means if they close up shop tomorrow shareholders get zilch. They were at $11/share when Trump took the Oath of Office. Up from $6 on election day. $2.77 today. It would take a complete miracle for this thing will be to be over $3.75 a year from now. $10? Why not $100 while you're at it. They have the worst balance sheet of all time. Believe it or not... debt matters. The only reason they still have a pulse is due to national security and the perceived protection our domestic steel industry. I don't mean to sound condescending, but we need to let the facts speak for themselves here. This thing is a toilet stock. There's no polishing this turd.
I'm seeing it at $17.24 atm and heading South at a great rate of knots, prolly heavily shorted. I love blue chip stocks which are hated. They often bounce beautifully. As mentioned, a "trading stock", not an investment stock