Facor steel

[daven1]

Stock price of Facor steel :
This stock has been jumping fromlast few sessions, what is your opinion about management of this company, and its stock price movement.

daven

 

[sculptor]

the general impression about the management , what I have heard , is not very good . however the industry is doing well , and the Facor group expansion plans have also been announced , which includes the setting up of a power plant .

So I feel the share prices will rise , along with the general interest of the market in mid and small cap shares , upto a limit , and when the general direction changes , the share prices may not hold for very long .