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10 pts

Opinion on  Mechel OAO (MTL)     Sector: Basic Materials  >  Industry: Iron & Steel
Russia is Corrupt : Business thrives on Corruption

Aug 15, 2008 11:38 PM GMT
Dcgicon
Return Risk
-4.09% MID
Sr. Analyst

These guys will find a way to keep the money in their pockets, and the money flooding into the Russian currency has to be invested into something between infrastructure and new development.

You can't go wrong with steel dealers who are willing to cut deals other people are not.


MTL:  This call was made on 08/15/08 @ $26.54
Rating:   Positive   $26.54 (08/15/08)
Closed:   09/05/2008 @ $22.14 (-16.58% in 21 days)
Target:   $32.00 (+20.57%) in Three months


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