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  • peanuts
    replied
    Originally posted by stenzrob
    Thanks. What about BOOM? Know much about them?
    I don't think that their success or failure depends on the health of the steel industry. I think they are tied to the oil industry and reconstruction more than anything else. Looks like a good play on hurricane damage... but I'm not well versed in their operations to know much more.

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  • stenzrob
    Guest replied
    Originally posted by peanuts
    I am involved in the steel industry... I know it better than any analyst or fund manager... that I CAN be 100% sure of. I knew of the current up trend about 1.5 years ago. Here are the stocks which I list as my steel industry index through Yahoo! Some are not steel producers or fabricators, but their business depends, in large part, to the health of the steel industry:
    Thanks. What about BOOM? Know much about them?

    Leave a comment:


  • peanuts
    replied
    Peanut's Steel Index

    Originally posted by stenzrob
    Isn't there already a steel industry index? Anyway, yeah peanuts, if you've got a list, that would be great - I can make it a portfolio at marketwatch or elsewhere and get a quick look at news or commentary on all of them at a glance.
    I am involved in the steel industry... I know it better than any analyst or fund manager... that I CAN be 100% sure of. I knew of the current up trend about 1.5 years ago. Here are the stocks which I list as my steel industry index through Yahoo! Some are not steel producers or fabricators, but their business depends, in large part, to the health of the steel industry:

    AKS
    ATI
    BYUA.pk
    CECE
    CGA
    CHAP
    CLF
    CMC
    CRS
    FRD
    GGB
    GNA
    HSVLY
    IIIN
    IPS
    MEA
    MT
    NGCN.pk
    NSS
    NUE
    NWPX
    NX
    OS
    PCP
    PKX
    RIO
    ROCK
    RS
    SCHN
    SGG
    SHLO
    SID
    SIM
    STLD
    STTX
    TKR
    TONS
    TS
    TXI
    USAP
    WOR
    WPSC
    X
    ZEUS

    Leave a comment:


  • stenzrob
    Guest replied
    Originally posted by grebnet
    I took $6.95 for SIM

    p.s. I'm impressed that I sold 3000 shares all in one block , considering the relatively low volume and I was right at the bid. I expected it to be piecemealed (sp?).
    That is surprising, my trades have been executed a few hundred at a time. Given the strength of the sector, I'm holding out for more this time, maybe 7.50 or 8.00. Will just have to watch the action.

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  • stenzrob
    Guest replied
    Originally posted by DSteckler
    This is cool. Thanks. There is so much for me to learn, it's depressing sometimes.

    Leave a comment:


  • grebnet
    replied
    Sim

    I took $6.95 for SIM

    p.s. I'm impressed that I sold 3000 shares all in one block , considering the relatively low volume and I was right at the bid. I expected it to be piecemealed (sp?).
    Last edited by grebnet; 05-25-2006, 02:50 PM.

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  • DSteckler
    Guest replied
    Originally posted by stenzrob
    Isn't there already a steel industry index?

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  • stenzrob
    Guest replied
    Originally posted by peanuts
    I have a steel industry index with approx 35 stocks that I have set up from the beginning of this year which tracks the overall industry moves and has been great for what you are looking for. If you want more info, I'd be happy to share.

    also, I'm 100% out of SIM... got a nice 6% myself
    Isn't there already a steel industry index? Anyway, yeah peanuts, if you've got a list, that would be great - I can make it a portfolio at marketwatch or elsewhere and get a quick look at news or commentary on all of them at a glance.

    Leave a comment:


  • peanuts
    replied
    Originally posted by stenzrob
    greb, do you follow any other steelmakers as an indicator of possible SIM moves?

    For example, this morning I saw STLD up about 4% and SIM not up at that time. Took the opportunity to buy before it caught up. Obviously, there's always the chance it won't. For each of my stocks, I try to find at least one other (usually a larger, more well covered one) to use to follow industry developments and price movements.
    I have a steel industry index with approx 35 stocks that I have set up from the beginning of this year which tracks the overall industry moves and has been great for what you are looking for. If you want more info, I'd be happy to share.

    also, I'm 100% out of SIM... got a nice 6% myself

    Leave a comment:


  • grebnet
    replied
    Sim

    Originally posted by stenzrob
    greb, do you follow any other steelmakers as an indicator of possible SIM moves?

    For example, this morning I saw STLD up about 4% and SIM not up at that time. Took the opportunity to buy before it caught up. Obviously, there's always the chance it won't. For each of my stocks, I try to find at least one other (usually a larger, more well covered one) to use to follow industry developments and price movements.
    I dont typically do this , althoug I have been attracted to some cheaper restoration stocks because of HOM, ie RGMI

    I will try your suggestion and see what I could gain from this.

    Leave a comment:


  • stenzrob
    Guest replied
    Originally posted by grebnet
    You have played that better than me, I am still holding and admire your flip. I may join you on the next run.
    greb, do you follow any other steelmakers as an indicator of possible SIM moves?

    For example, this morning I saw STLD up about 4% and SIM not up at that time. Took the opportunity to buy before it caught up. Obviously, there's always the chance it won't. For each of my stocks, I try to find at least one other (usually a larger, more well covered one) to use to follow industry developments and price movements.

    Leave a comment:


  • grebnet
    replied
    Sim

    Originally posted by stenzrob
    Back in SIM at $6.51.
    You have played that better than me, I am still holding and admire your flip. I may join you on the next run.

    Leave a comment:


  • DSteckler
    Guest replied
    Sim, sim, salabim?

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  • stenzrob
    Guest replied
    Originally posted by stenzrob
    Sold the SIM today for $6.92. 5%, one week.
    Like the stock, but decided just to play the oversold bounce.
    May try it again later.
    Back in SIM at $6.51.

    Leave a comment:


  • stenzrob
    Guest replied
    Sold the SIM today for $6.92. 5%, one week.
    Like the stock, but decided just to play the oversold bounce.
    May try it again later.

    Leave a comment:

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