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Reliance Steel & Aluminum Co. (RS)
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RS
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David White
:
RS
good steel, but also has aluminum. Aluminum futures have been outperforming steel.
1 day ago
David White
: Looking at possible adjustments next week in steel.
CLF
a much better bargain than
X
. May see selling of
X
in favor of
CLF
and
RS
.
1 day ago
David White
: FY2010 PE's of steel equities:
X
=48,
CLF
=15.8,
SID
=15.5,
TX
=13.2,
RS
=14.1,
ATI
=29.5,
GGB
=11,
GNA
=13.2,
STLD
=13.8,
NUE
=15.
X
a pump & dump!!!!
Fri, Dec 11, 2009
David White
: You know
X
is floating on thin air when
RS
, more fundamentally sound, is underperforming on price (down more today). Sign
X
's rise is hype.
Thu, Dec 10, 2009
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