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Enter Symbol:
Mesabi Trust (MSB) [hlAlert]

down 57.97 %

Mesabi Trust (MSB) upgraded to Buy with price target $40 by Davenport

Posted on: Monday,  May 9, 2011  12:25 PM ET by Davenport

Davenport rated Buy Mesabi Trust (NYSE: MSB) on 05/09/2011, when the stock price was $31.17. Since
then, Mesabi Trust has lost 57.97% as of 09/01/2015's recent price of $13.10.
If you would have followed this Davenport's recommendation on MSB, you would have lost 57.97% of your investment in 1576 days.

MESABI TRUST Trustee holds for benefit of holders of units of beneficial interest all royalties from certain interests in taconite ore properties in Mesabi range in Minnesota which have been leased to Reserve Mining Co., free of Federal income tax. Mesabi Trust distributes royalties to holders who pay income tax after credit for depletion allowance. Principal Functionary: Trust has no officers. Certain administrative functions are performed by Bankers Trust Co., the Corporate Trustee.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2011 12:25 PM Buy
31.17 40.00
as of 12/30/2011
1 Week up  0.56 %
1 Month down  -2.22 %
3 Months up  20.38 %
1 YTD down  -19.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/15/2010 8:25 AM Hold
9/9/2010 8:25 AM Buy
30.90 32.00
8/23/2010 9:25 AM Buy
25.89 29.00

(*) Stock Price at the time of the recommendation.
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