Presenter Continues to Recommend Graftech

A New York presenter remains very positive on Graftech (NYSE: GTI, $15.28). The company will not be going on the road prior to the completion of the Seadrift Coke acquisition. The presenter is hearing that big steel players are behind the recent request from the Justice Department for more information about the proposed acquisition. The company still expects a clearance and a subsequent deal closure in 2010.