Mechel: Huge Upside - But Not for the Faint of Heart - Domenic J. Strazzulla

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Mechel: Huge Upside - But Not for the Faint of Heart
Aug 06, 2008 11:32 AM UTC

Domenic J. Strazzulla

Return	Risk
-12.15%	LOW

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Symbol	Sentiment	Start	Return	Closed
MTL		08/06/08	+19.86%	08/17/08

Via Long Investment Ideas from Seeking Alpha:

Mechel (MTL) is not for orphans and widows - that much is for sure. But if you can stomach some risk and if you have any money to speculate with, I think this is a great name to get into right now.

If you have never heard of Mechel, it is a vertically integrated steel and power producer in Russia. Recently, the company has been under fire from the Russian Anti-Monopoly Committee due to comments made by Putin. Essentially, Putin accused Mechel of selling their coking coal at inflated prices domestically and evading taxes.

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