Lyehopper's Roundup....

[spikefader]

X's reaction to the C failure has been an impulse 1 up.......now that's impressive bullishness....

Hey Lye, 5 impulses and 3 correctives followed that bullish move from the 65.10 Fuzzy C.

Current setup is long the 2 completion to target 5 completion. Pretty good r/r anyway. If the C breaks support I don't see the r/r there for a short.

Where do you see this thing going fundy-wise?

[peanuts]

Steel Scrap

Lyehopper,

The price of scrap should significantly drop as more DRI producers come on line.

Read this and tell me what you think: LINK

The last sentence was the most poignant to me.

Do you sell back your scrap at set rates? How often are the prices adjusted? How many tons/year do you sell back?

[Lyehopper]

What would make you want to buy the common stock?

Some solid sales growth would really be nice....

But I just don't buy stock in companies this small. The only small company I pump my ca$h into is my own corp.

[peanuts]

Yes, I'm familiar with the company. The CEO is a decent gentleman whom I know personally. I don't own the stock.

What would make you want to buy the common stock?

[Websman]

Yes, I'm familiar with the company. The CEO is a decent gentleman whom I know personally. I don't own the stock.

He's probably one of my cousins that I haven't met yet....

[Lyehopper]

Lyehopper,

Have you ever heard of this company: Metwood? ticker: MTWD.ob

Yes, I'm familiar with the company. The CEO is a decent gentleman whom I know personally. I don't own the stock.

[peanuts]

Lyehopper,

Have you ever heard of this company: Metwood? ticker: MTWD.ob

[Rob]

. . . your SCHN went nearly 30% higher. That, sir, is $$$HUUUUUUGE$$$

I know.

I seem to be pretty good at picking winners when I don't actually purchase them. The ones I do buy only occasionally do as well, frequently trading down or sideways forever.

Within the past few days I opened long positions in AXS and XRTX, both about which I'm hoping to be able to say, "I bought low" when I do sell them. We'll see.

[peanuts]

Yeah, either that or it was just flat a good call.

maybe, just maybe...

Rob, it was a GREAT call! Anytime a stock is positive, the call is good. But, your SCHN went nearly 30% higher. That, sir, is $$$HUUUUUUGE$$$

[Rob]

doh! I guess this tide is floating all ships...

Yeah, either that or it was just flat a good call.

[Rob]

Seriously, though, SCHN really was the worst performing stock in the PSI at that time.

Well how can anyone "buy low and sell high" without buying low? It can't be done.

[peanuts]

Thanks a lot, dude. SCHN is up only 29½% since 10/12. It's not your fault I didn't buy it. It's mine.

doh! I guess this tide is floating all ships...

Seriously, though, SCHN really was the worst performing stock in the PSI at that time.

[Rob]

. . . except for SCHN- Rob, that is like the only steel stock that is down from the beginning of the year. If you like risk, go ahead and buy it, but I wouldn't touch that with someone else's 10 foot pole

Thanks a lot, dude. SCHN is up only 29½% since 10/12. It's not your fault I didn't buy it. It's mine.

[peanuts]

Q

Lye,

I figured that I should tell you that I decided to cover the rest of my short in Q @ $7.50. That was a great call on the stock. I used to own it long

[billyjoe]

Lye,
My little nephew Mitchell may have beat you. He got a 175 lb. doe with a 20 gauge last week during the youth hunt in Ohio. He also told me he had a perfect score on the required hunters safety course. Now if I can con him out of some sausage.

---------billyjoe