I think there has been some negativeness on ssx lately here which i think is a little over the top. I don't think ssx is in that bad a shape, the rising $A and scrap metal prices are making it hard for this stock atm, so although there is allot of selling happening (which i think are the mums and dads), there's been an equal amount of buying at these lower levels.
With a weakening in the dollar as is expected i think ssx should recover, and if the accumulation is anything to go by, then something even bigger could be in play!
any thoughts?
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smorgon steel group limited.
ssx accumulation
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