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07-02-2019, 09:06 AM | #2971 |
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Just made a small hedge against this market, buying 100 shares of SDOW.
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07-02-2019, 09:15 AM | #2972 |
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Prob a good buy. That price is at its historical low, right?
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07-02-2019, 09:26 AM | #2973 |
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Anyone playing around with the steel market would probably be better off buying actual scrap iron. They're basically giving it away in some areas. Better yet, it'd be a really good time to buy a full yard from someone that is ready to retire.
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07-02-2019, 09:33 AM | #2974 |
Stroking to the SB Champs!
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I broker scrap monthly. My July purchases are projected to be down $90/GT from where I purchased in May
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07-02-2019, 09:34 AM | #2975 |
Fish are scared of me
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07-02-2019, 09:39 AM | #2976 |
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Yes, since it's an inverse fund and the DJIA is at an all-time high.
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07-02-2019, 09:41 AM | #2977 | |
Stroking to the SB Champs!
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Quote:
I don't know that the market is gonna tank, but a correction is certainly in order.
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07-02-2019, 09:48 AM | #2978 |
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Just a short term trade looking for a small correction and some profit in a downturn. Nothing crazy am I am going to hold waiting for a big crash. Small profit in a correction, move to cash, buy something undervalued on a dip and repeat if necessary.
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07-02-2019, 09:59 AM | #2979 | |
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Quote:
Not that I want to collect scrap for a living, but if a guy had the right place to hold it for awhile it could work out well. My piles all have trees growing in them. |
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07-02-2019, 10:07 AM | #2980 |
Fish are scared of me
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Anybody have a thought on (ALNA) ? A new PT came out today at $36
It's currently at $4.80 I found it a few weeks ago looking for biotech/pharmacuetical companies that are potential buyouts. https://www.marketbeat.com/stocks/NA.../price-target/ Last edited by Hog's Gone Fishin; 07-02-2019 at 10:14 AM.. |
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07-02-2019, 10:13 AM | #2981 |
Stroking to the SB Champs!
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Right now, I am selling to a relatively unsophisticated buyer. His business is balls out so he just wants to buy without any hassle. I've lowered my price some, but I'm pocketing a huge spread right now on about 3 rail cars per month (~300 NT's). He's happy, I'm happy - a great marriage
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07-02-2019, 10:23 AM | #2982 |
I'll be back.
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IQ holding strong. Up 15% since last week.
Good times ahead. CHY-NA!
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07-02-2019, 10:32 AM | #2983 |
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07-02-2019, 10:48 AM | #2984 | |
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Quote:
Yeah, that still pertains.
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07-02-2019, 10:54 AM | #2985 |
I'll be back.
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IT'S YOU AND ME IQ IT'S MEANT TO BE
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