Checkout Craigslist stories, Schnitzers let go many hundreds of people,having major cash flow problems and financing problems, insiders know this as they have been selling stock see SEC fillings, this call comming covers when scrap prices were at their peak before the slowdown in China and the rest of the world...and down their stock has gone
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Latest | Highest ratedDon't Recycle Schnitzer Steel Yet - Barron's [View article]