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ITC Holdings Corp. (ITC)

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  • David White: US steel makers got semi good news about ITC rubber stamping the Commerce Dept. tariffs. Still the need for the tariffs is bad news.
    Thu, Dec 31, 2009
  • David White: X up +$.80 on the day on ITC finding of dumping. Still seeing short squeeze. SLX only up $.07. Edmunds car sales estimates more important.
    Wed, Dec 30, 2009
  • David White: ITC decision on Chinese steel dumping of pipe in US imposes no new tariffs. It only okays the ones the US Commerce Dept already applied.
    Wed, Dec 30, 2009
  • David White: X is still trading at 3+ times FY2010 earnings compared to other US steel makers. They benefit from ITC ruling also. X should sell next week
    Wed, Dec 30, 2009
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