The Fool has featured several articles lately that have included Mechel, a Russian coal and steel miner. Shares have been down over 90% from their 52 week high and are trading at nearly $3.00 a share. Why?
As explained here, the price of coal and steel as well for its demand have put pressure on shares. The low $3.00 may be a good entry point for this stock.
For what its worth, Cramer likes the stock up to $6.00