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8 pts

Opinion on Mechel OAO (MTL) Sector: Basic Materials > Industry: Iron & Steel
Bullish on MTL ...

Jul 16, 2008 02:57 PM UTC

Ryan C

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-14.81%	MID

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Sell at $60. Could keep on going up (doubled their profits from last year) but Russia is a scary place for foreign investors. If your Russian, however, keep on buying but Russia has consistently demonstrated a reluctancy to share. If oil prices drop and Russia looses power, then Mechel is a great buy. Until then, Russia holds all the cards.

MTL: This call was made on 07/16/08 @ $47.25

Rating:	$47.25 (07/16/08)
Closed:	07/17/2008 @ $42.6 (-9.84% in 1 day)
Target:	$60.00 (+26.98%) in Three months

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harvs7

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07/16/2008

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Mechel OAO (MTL)

SocialPicks Sentiment:

This Quarter's Sentiment:

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70.5%

Top:

14.0%

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Ryan C previously rated MTL

	+9.86%		Russia needs to learn to play nice 07/10/2008	9
	+48.31%		Bullish on MTL ... 12/18/2007	6

IN THE PRESS

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Opinion on Mechel OAO (MTL) Sector: Basic Materials > Industry: Iron & Steel Bullish on MTL ...

Opinion on Mechel OAO (MTL) Sector: Basic Materials > Industry: Iron & Steel
Bullish on MTL ...