Steel Datapoint du Jour

American Metal Market
Sep. 24 2008
(Article not directly linkable)

Earlier on NakedShorts:

Here and here and here and here and here.

Disclosures:

1. Short X, NUE. 

2. A long, long time ago...NakedShorts wielded, under an assumed name and to remarkably little effect, a business card which said that he was president of American Metal Market LLC.

Comments

[bassmaster17:]

Yeah, I understand the global economy has slowed, but China shut down for the olympics and these are seasonally weak months. If China ramped up soon and maybe even announced a stimulus packge...I would hate to be short these things. I think the trade is played out, but it has worked so far, you shorts got me this time...and not to mention Ken Heebner...now that's impressive. Will Danoff just opened a position in X, that's encouraging. Good work.

2008 Sep 26 05:22 PM