Steak
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Created by Chad Gilman
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Date updated:05-24-2007

This portfolio is for stocks that have moved off the attractive list - Portfolio Sizzle - because the margin of safety has been substantially diminished.

symbol name last price % change open
  • +
  • PKX
    Posco
  • $120.67
  • -0.46%
  • $120.80

Posco was extreamly cheap partially due to teh credit meltdown in Korea. This provided a good buying opportunity for good companies. Posco is a good business in that it is a low cost opperator in a commodity business. It is well positioned to sell steel to China who can't buy enough. Finally the currencies that business is contucted in are helping results. Combine all of these factors and you have a wonderfull investment. The margin of safety has diminished since I bought at 80.

People owning PKX also tend to own: JAKKUSUFHBIJRNMASMGA

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