My first thought was to scream "RUN AWAY!!!!"
Pay close attention to the advise you have been given. I have ventured into a few businesses in my life and try as hard as I could I tended to have rose colored glasses on before I got started. Seriously that stock is not worth current market value, why someone has to pick it up off the ground and pay to ship it to a buyer. In Alabama a steel mill is being closed because the market can't justify keeping it open. My brother who hauled steel for mills for most of his adult life it now delivering road tar. China is dumping steel on to the market because it keeps their people employed and the government does not has to justify the expense to the citizens.
Good luck be careful, Mike
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