Mesabi Trust (NYSE:MSB)

CAPS Rating: 4 out of 5

The sole purpose of the Trust is to conserve and protect the Trust Estate and to collect and distribute the income and proceeds therefrom to the Trust's certificate holders after the payment of, or provision for, expenses and liabilities.

Recs

0
Player Avatar cajun1958 (40.64) Submitted: 6/15/2012 8:43:34 PM : Outperform Start Price: $23.57 MSB Score: -37.54

It appears that the slowing down of demand in China has already been factored into the stock proce. I have a soft spot for msb since I bought it under 10 when the US steel industry was declared DOA. However, increased domestic industrial demand from AKSteel, auto makers, appliance makers etc. make this cheap stock a buy and a great income pick.

Featured Broker Partners


Advertisement