Well done!Exactly what I did yesterday. Average 605c out
I am just hanging on to a few shares, to try and squeeze a little more profit (coz, usually a share goes up after I sell!!)
Arcelor Mittal
Started by
SoleTrader
, Oct 14 2017 06:33 PM
6 replies to this topic
#1
Spree
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Member
Posted 31 October 2017 - 12:53 PM
I am just hanging on to a few shares, to try and squeeze a little more profit (coz, usually a share goes up after I sell!!)
#4
SoleTrader
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Little Master
Posted 27 October 2017 - 07:10 AM
Exactly what I did yesterday. Average 605c out
#5
Spree
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Posted 26 October 2017 - 07:42 PM
SoleTrader, Are you stll holding ACL? Maybe time to sell now, after the 35% bounce off the recent low!
I did not hear any good news that would lead to an increase in domestic steel consumption in the MT budget speech!
I did not hear any good news that would lead to an increase in domestic steel consumption in the MT budget speech!
#6
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Posted 17 October 2017 - 04:46 PM
It looks like the steel cycle is turning positive in China. Global steel shares well off their loss. Took some Arcelor to play the theme.
I hold a few as well. The higher import tariffs should start restricting the high levels of imports that are strangling them. Let's hope ACL can take advantage of this, and finally turn a profit! (However, our pedestrian economic growth is a major headwind four them!).
#7
SoleTrader
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Little Master
Posted 14 October 2017 - 06:33 PM
It looks like the steel cycle is turning positive in China. Global steel shares well off their loss. Took some Arcelor to play the theme.
