Tuesday, September 12, 2006

Mainstream Analysts Jump on Board

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
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