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X - United states steel - Page 3

post #41 of 1543
Quote:
Originally Posted by dznutz48 View Post
It's on my watch list. It's more affordable for the amount of money I currently have than X is.
That's quite a watchlist you have for your signature

Quality versus quantity.
post #42 of 1543
This things seems to be moving up even though the Big 3 are about go bankrupt. Cash to margin it is cheap though.
post #43 of 1543
i think this will be a good obama play. i actualy live 40mins from the granite city factory that shut down. word is that they plan to reopen but could be a while.
post #44 of 1543
i have been trading x for a while been out of it for a week waiting for a fall. around 25 looks good
post #45 of 1543
Earnings tomorrow, the estimate is like around 1$, they did 8$+ last quarter, so we'll see what happens. I'm going heavily into 25$ calls, selling some 35's
post #46 of 1543
Yeah i have some calls to. i have been looking for another big drop. last big move i made about 100% early january on x
post #47 of 1543
Got some under 30 this thing has been great trading from 29 to 34. it might get a pop from the stimulus
post #48 of 1543
is this company any good for long term hold or is it one of those dieing giants?
post #49 of 1543
as long as you think the economy will recover then it should be good. all these plants they say they closed are actually on stand by so as soon as demand comes back they will open. i say trading it is best. buy under 30 look for 36. if you think the dow is headed down to say 7200 maybe look for 23-25
post #50 of 1543
Also if you want long term exposure look into the out of money options. i bought some about a month ago
post #51 of 1543
Quote:
Originally Posted by i_am_so_siri View Post
as long as you think the economy will recover then it should be good. all these plants they say they closed are actually on stand by so as soon as demand comes back they will open. i say trading it is best. buy under 30 look for 36. if you think the dow is headed down to say 7200 maybe look for 23-25
well i had that feeling that the dow was headed to 7200 and here we are. i have not bought back yet but maybe soon. i am waiting to see if we get dow 6900. i am waiting to either start a possition in or buy more of fcx,nue,gs,and a bunch more. i would like to get x at 19-20.50
post #52 of 1543
This closed within 13 cents of the 52 week low, and it's down 50% in the last 10 days. Is it due for a bounce?
post #53 of 1543
I hope so, in 2000$ worth of 20$ calls. I played it less than 2 weeks ago for earnings at 32$, how quickly this has fallen makes a bounce likely, I'll take 25
post #54 of 1543
Big player friend of mine says X is a bargain at under 21.He says what the car makers don`t buy the infrastructure will.(bridges,heavy equip. manufacturers,school construction etc.) I`m actually in at just under 23 and holding.
post #55 of 1543
if it goes down tomorrow im in.
post #56 of 1543
Quote:
Originally Posted by moneymaker09 View Post
if it goes down tomorrow im in.
yeah i look to get in around the low 19's.
post #57 of 1543
pulled the trigger and bought some today. i think steel stocks are due for a bounce next week
post #58 of 1543
Quote:
Originally Posted by i_am_so_siri View Post
pulled the trigger and bought some today. i think steel stocks are due for a bounce next week
I grabbed some 20 calls myself I think we should get a bounce soon also
post #59 of 1543
Quote:
Originally Posted by Arthur626 View Post
I grabbed some 20 calls myself I think we should get a bounce soon also
yeah i also bought some calls. same thing for nue, aks, and mt.
post #60 of 1543
I got in at 19.50, told myself that if I saw a bounce off the VWAP, I would go into it. Expecting a bounce next week in steel.
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