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Lakeside Steel
Symbol: LS-X (Dead)
Active: N
Sector: INDUSTRIAL PRODUCTS
Notes:Acquired by JMC Steel Group
Last Price: 0.295
Last Price Date: 2012-04-04 01:15:11
Globe 200 day average


TOP PICK	0.345	James Hodgins	Some legacy assets in Canada but the excitement is around the new steel plant in Alabama, which will be opened by year-end, which is on track and under budget. This is servicing the shale areas. Roughly 2.5X EBITDA.	2011-08-30

STRONG BUY	0.440	James Hodgins	Really likes this company and its management. Expanding into the US with a new plant in Alabama with a significant amount of government financing. Economics on this plant are very attractive. Expects to see a material re-rating on the stock by the end of the year. Trades at only 3X EBITDA. Thinks there is a double here.	2011-07-25