upearly

Don't Recycle Schnitzer Steel Yet - Barron's

Excellent comment, I'm looking at their cash flow statement and it looks bad, at $27.69 (as of 11/10/08) the stock looks fairly prices but the future of steel does not look well. Thanks for pointing this out.

On Oct 28 02:10 AM Ponylover wrote:

> 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