Guys,You have to ask yourself what is the bread winner for CMV?...

Guys,

You have to ask yourself what is the bread winner for CMV? Also ask yourself, how will the asian economies go next few yrs (CMA customers are mainly in asia)?

My personal anwsers:

The scrap division is the largest bread winner (Aust GDP yesterday was a surprise on the upside, thus more scrap for CMV).

All world economies are showing sign of recovery thus the buying from CMA's customers will only go up.

A lot of long term holders are hurting due to the large drop of SP but you need to look forward and predict if CMV will goes up or down. Personally, its a no brainer that up is the direction.