15 November 2005

Stelco D-Day

Reviewing the action on Stelco, the chart below says it all;

Since the end of last week, Stelco has garnered almost 100% in value, of course, on the premise that the current restructuring plan will be voted down by bondholders. Stay tuned, lets see if we can get the 6 cents we were looking for a few weeks ago.

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