Peanut's Potent Plethora of Profit

[skiracer]

Ski,

If you owned CECE, would you care about the revenues currently generated from Steel? Would you care even more about the growth of those revenues over the next few years?

Honestly, I don't think you have the background to be making assumptions on the company's business prospects or current line of business. This is especially true if the extent of your DD is to read the company profile on Yahoo Finance or a simliar site.

Furthermore, this statement which you made is false:

Going to the company's website and using their internal search engine with the keyword "steel" yields more than 10 pages of results: LINK

Do you honestly think that I would just generically assign an evironmental company to a Steel Industry Index? What am I, a monkey? Geez, ski, give me some credit, dude. You're always trying to blast me and my ideas. How many more times do I have to prove myself?

And, it is a PSI, not an SSI.. The P is for peanuts, tell me when you make an SSI (Skiracer Steel Index)

I don't think you're a monkey. I think you are authorative beyond your expertise in many areas, crave affirmation and praise beyond normal expectations of adults, and can dish it out but not real good at taking it back. Other than that I think you're ok.

[peanuts]

Barcharts.com has CECE as listed in two sectors:
1. Commercial Fans & Blowers/Air Purifiers
2. Pollution Control Treatment

Yahoo has it listed as this:
Sector: Industrial Goods
Industry: Pollution & Treatment Controls

Your inclusion of CECE in your SSI is a far cry from both sectors and industries and your statement makes it seem that they do a large percentage of their business within the steel sector when that is simply not the truth. You can go to Yahoo and check out the latest news on contract awards for CECE and see mention of several sectors including Automotive, ethanol, solid waste, chemical, and medical sectors but not to much of the steel industry where it would make it plausible to include them in that sector. It just seems a stretch.
I won't be considering a steel index of my own so you don't have to worry about my taking market share of the steel index community.

Ski,

If you owned CECE, would you care about the revenues currently generated from Steel? Would you care even more about the growth of those revenues over the next few years?

Honestly, I don't think you have the background to be making assumptions on the company's business prospects or current line of business. This is especially true if the extent of your DD is to read the company profile on Yahoo Finance or a simliar site.

Furthermore, this statement which you made is false:

"your statement makes it seem that they do a large percentage of their business within the steel sector when that is simply not the truth."

Going to the company's website and using their internal search engine with the keyword "steel" yields more than 10 pages of results: LINK

Do you honestly think that I would just generically assign an evironmental company to a Steel Industry Index? What am I, a monkey? Geez, ski, give me some credit, dude. You're always trying to blast me and my ideas. How many more times do I have to prove myself?

And, it is a PSI, not an SSI.. The P is for peanuts, tell me when you make an SSI (Skiracer Steel Index)

[skiracer]

Tell me when you make an SSI, OK

Barcharts.com has CECE as listed in two sectors:
1. Commercial Fans & Blowers/Air Purifiers
2. Pollution Control Treatment

Yahoo has it listed as this:
Sector: Industrial Goods
Industry: Pollution & Treatment Controls

Your inclusion of CECE in your SSI is a far cry from both sectors and industries and your statement makes it seem that they do a large percentage of their business within the steel sector when that is simply not the truth. You can go to Yahoo and check out the latest news on contract awards for CECE and see mention of several sectors including Automotive, ethanol, solid waste, chemical, and medical sectors but not to much of the steel industry where it would make it plausible to include them in that sector. It just seems a stretch.
I won't be considering a steel index of my own so you don't have to worry about my taking market share of the steel index community.

[peanuts]

hey Peanuts, congrats on the 1000th post to your thread!

I always enjoy reading this one.

keep posting, we'll be at 2000 in no time

[peanuts]

Darn, I just added to peanuts' post total with that last one.
Aaaargh, I just did it again.

jejeje

keep it up, maybe you and I can propel this to 2000 in record time

[peanuts]

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

Tell me when you make an SSI, OK

Hey, I may have to go make some (more) pointless posts on my thread!

Darn, I just added to peanuts' post total with that last one.
Aaaargh, I just did it again.

hey Peanuts, congrats on the 1000th post to your thread!

I always enjoy reading this one.

Hey, I may have to go make some (more) pointless posts on my thread!

[jiesen]

hey Peanuts, congrats on the 1000th post to your thread!

I always enjoy reading this one.

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

I was just inquiring as to the rationale, I was sure that peanuts had one. Fine with me, I'll just put FTEK in my coal index, if I had one. Thanks for the explanation, peanuts.

[skiracer]

Look more into the company and who their biggest customers are, and do some research on pollution controls within the steel industry and which side of the political spectrum pushes those controls, and you'll understand why CECE is included in the PSI. At last year's Steel conference, I began to hear buzz about pollution controls being implemented at some mills that I never had heard about before. When you fly into Midway Airport, the normal flight pattern is directly over Inland and US Gary works... you can actually see the dirty cloud which surrounds these mills from 10,000+ feet. With the cash heavy steel industry forming itself into a new monster, expect to see pollution controls becoming an issue for them. CECE will benefit from the USA steel boom as well as coal fired power plants and new ethanol plants.

I like CECE as a non-steel play, as well. But for the purpose of this index, they are group together.

Because a stock will benefit from another sectors strength doesn't give license to move it fromt he sector and group that it is in and place it in another sector. Know what it does and taking that into consideration is one important factor but I can't agree with this manuever, although it is no big deal because whose looking anyway except maybe me and Stenzrob.

[peanuts]

How does CECE get in your steel index?
I recognized the ticker, since they are in pollution control like FTEK which I follow.

Look more into the company and who their biggest customers are, and do some research on pollution controls within the steel industry and which side of the political spectrum pushes those controls, and you'll understand why CECE is included in the PSI. At last year's Steel conference, I began to hear buzz about pollution controls being implemented at some mills that I never had heard about before. When you fly into Midway Airport, the normal flight pattern is directly over Inland and US Gary works... you can actually see the dirty cloud which surrounds these mills from 10,000+ feet. With the cash heavy steel industry forming itself into a new monster, expect to see pollution controls becoming an issue for them. CECE will benefit from the USA steel boom as well as coal fired power plants and new ethanol plants.

I like CECE as a non-steel play, as well. But for the purpose of this index, they are in a group together.

How does CECE get in your steel index?
I recognized the ticker, since they are in pollution control like FTEK which I follow.

[peanuts]

Peanuts Steel Index

Here's an update for anyone that cares:

So is Steel going higher or is it topping out? Remember, the 2006 PSI was up 41% on the year... so far 5% higher than that for 2007...

[jiesen]

great trade, Peanuts! You are HUGE!!!