Archive: Posco (PCX)

July 2nd, 2008

CNBC Bonus Bucks Trivia: In Fast Money’s Web Extra, “Steel In Second Half?” what event seemed to drive up MacArthur Coal?

In Fast Money’s Web Extra, “Steel In Second Half?” what event seemed to drive up MacArthur Coal?

Steel continues to be hot. Australia’s MacArthur Coal  jumped the most in 2 weeks after ArcelorMittal (MT) increased its stake to 19.9%. Posco (PKX) then purchased a 10% stake in ArcelorMittal after the MacArthur purchase.

In the models I follow, ArcelorMittal (MT) gets high marks for earnings momentum, price momentum, free cash flow and potential return. Posco ranks poorly for free cash flow and return potential.

Topics: Posco (PCX), ArcelorMittal (MT), Iron and Steel, CNBC Trivia | No Comments
May 28th, 2008

CNBC Bonus Bucks Trivia: In “Emerging Money: Up For ‘08″ how many of Tim Seymour’s trades were part of the Emerging Money Top 20 list?

In “Emerging Money: Up For ‘08″ how many of Tim Seymour’s trades were part of the Emerging Money Top 20 list?

I still like *Cemex (CX), *Posco (PCX) and *Gazprom (OGZPF) , says Seymour, but with volatility at 6 month lows, I’d also be looking at put protection.

Also watch Mobile Telesystems (MBT) which has earnings coming out Tuesday.

*Indicates company is part of “Fast Money’s” Emerging Money Top 20, an index made up of 20 firms poised to profit from explosive global growth.

By my count, there are three *’s indicating index membership.

Topics: Mobile Telesystems (MBT), Gazprom (OGZPF), Posco (PCX), Cemex (CX), CNBC Trivia | No Comments