Stenzrob's specials

[mrmarket]

I'd love to see one of your inimitable write-ups on this one, Ernie.

probably won't...this one is too close to my business interests.

[stenzrob]

Bought some SIM today for $6.60/share. It was on my watch list and took a big dip for no good reason, so I bought some.

[grebnet]

Sim

Youre probably why my order didnt fill right away . I put in order at 1:44 for SIM with limit of $6.59 got a small piece then. Order just completed filling at 3:53.
I had sold my position back on 4/26 at $7.52 and been waiting for a pull back ever since... I hope we are right.

[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.

[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.

[DSteckler]

Sim, sim, salabim?

[grebnet]

Sim

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.

[stenzrob]

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.

[grebnet]

Sim

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.

[peanuts]

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

[stenzrob]

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.

[DSteckler]

Isn't there already a steel industry index?

http://www.bullsector.com/steel.html

[grebnet]

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?).

[stenzrob]

http://www.bullsector.com/steel.html

This is cool. Thanks. There is so much for me to learn, it's depressing sometimes.

[stenzrob]

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.