Originally posted by mrmarket
View Post
CHAP ==> The December Winner
Collapse
X
-
Originally posted by mrmarket View PostThis bad boy is really starting to move...half way to my target...Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
-
Another excelent pick from the huge one.
NBB, sorry I been away so long I been correcting some real estate issues as well as a lot of hunting. I picked up CHAP April 07 $55 calls a bit late at $1
Up 100%+ and looking to dump off some real soon take back the original investment. Should this hit $MM$ target soon it has potential produce 500% profit. Thank you $MM$. Just wish I didn't go so light on it...all well let's see this one run!
Comment
-
-
=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
Comment
-
-
Originally posted by Adam View PostAnother excelent pick from the huge one.
NBB, sorry I been away so long I been correcting some real estate issues as well as a lot of hunting. I picked up CHAP April 07 $55 calls a bit late at $1
Up 100%+ and looking to dump off some real soon take back the original investment. Should this hit $MM$ target soon it has potential produce 500% profit. Thank you $MM$. Just wish I didn't go so light on it...all well let's see this one run!
Man-alive! I think about you from time to time, and wonder, whatever happened to the man! Great to see that you are alive and kicking, and making the big bucks off of MM's CHAP.
Comment
-
-
Guess not... but with earnings like this it won't be long:
http://biz.yahoo.com/ap/070320/earns...teel.html?.v=1
AP
Chaparral Steel 3Q Profit Up 27 Percent
Tuesday March 20, 5:18 pm ET
Chaparral Steel Posts Stronger 3rd-Quarter Profit on Higher Steel Prices
MIDLOTHIAN, Texas (AP) -- Chaparral Steel Co., which makes structural steel beams and bar, on Tuesday said fiscal third-quarter profit climbed 27 percent as steel prices increased. Net income grew to $62.5 million, or $1.29 per share, from $49.2 million, or $1.03 per share, in the prior-year period. Analysts polled by Thomson Financial expected the company to earn $1.23 per share.
Sales increased to $420.2 million from $374.6 million a year earlier, as volume remained roughly flat but prices rose.
"We continue to see strong domestic and international demand for structural products and improving global prices going into the busier construction season," said President and Chief Executive Tommy A. Valenta, in a statement.
Chaparral shipped 567,000 tons of steel in the third quarter, even with a year ago. The company's average selling price climbed 13 percent year over year to $679 per ton.
The company also forecast fiscal fourth-quarter profit above Wall Street expectations.
Shares of Chaparral dropped $1.77, or 3.3 percent, to close at $52.24 on the Nasdaq Stock Market. In aftermarket electronic trading, shares gained 96 cents, or 2 percent, to $53.20.
Comment
-
-
I sold my position in CHAP at $54.44.
$$$Mr.Market$$$ you are H U G E
Regards,
Karel
(PS: I will still hold it in my Marketocracy fund. See if I can do better)
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
Comment
-
-
Originally posted by spikefader View Post
Comment
-
-
Originally posted by stripesound View Postanother 15%+ coming, might not be as quick as the last one though.
I see mid 70's coming. This is a solid hold for at least a few more months if your still holding.
Elliot wave be damned...
Spike is pretty accurate with the EW count; I wouldn't discount his views entirely. The fundies are improving, however.Hide not your talents.
They for use were made.
What's a sundial in the shade?
- Benjamin Franklin
Comment
-
Comment