Hey /biz/, should I dump my life savings into X? Pro Tip: if

if trump wins, yes. if clinton wins, no.

>>1479408
Buy ethereum

No, you've already missed the real train. X got it's huge bump because of trade sanctions the Obama admin but on Chinese steel, artificially raising the price because higher tariffs = more domestic production.

The problem is this is most likely already priced in. I remember hearing the announcement on CNBC and thinking "wow this will be a good investment opportunity.." Sadly I didn't have any capital to put in and also missed the train.

OP, if you like the fundamentals and think there's room for growth you should definitely throw some money at it. It's much too late to YOLO and go all in though

x was at 180 because back then the oil price was high and offshore drilling was a big deal. Offshore drilling/pumping rigs require a lot of steel.
So ask yourself if there is something out there that is 'hot' that requires lots of steel. I'm not seeing it myself.

>>1479490
Well I actually meant "X" as a variable lol.

But yeah, I actually have that on my watchlist to buy somewhere closer to the 200 day if it gets back down there.

>>1479517
>asks about investing in 'X'
>gets replies about US Steel