Nickel up 1.8% on friday - but i guess this won't matter.
Dissapointing movements on the DOW..was up 118 points with GDP, consumer sentiment and michigan survey all beating expectations. Microsoft and Amazon also beat the street...however as always of late, good news is sold into.
With a 100million in the kitty - the company can always look to buy back some stock if she goes down too much i.e. if MCR SP reached $1.00 then 40Million could be spent on buying back 40 million shares. This will be earnings per share accretive straight away.
MCR Price at posting:
$1.46 Sentiment: ST Buy Disclosure: Held