Yesterday evening I posted an
analysis of the acquisition of NS steel by IPS, in which I came to the conclusion it was a positive and the IPS market drop was a buying opportunity. At the time the stock was down $6. Today the main stream analysts
echoed my conclusion and the stock is up $2.
It's not quite as dramatic as the time the Wall Street Journal
put out an article that read very similar to my article from a month earlier, but it is yet another indicator that we do know what we're talking about here at the Finance Wonk.
Invest Well,
FW