Aluminum prices set to soar

Discussions about scrap yards, scrap yard prices, melting, refining, and obtaining metals from scrap or unconventional sources.

Aluminum prices set to soar

Postby Lemon Thrower » Thu Feb 22, 2024 7:52 am

Lets Go Brandon!
User avatar
Lemon Thrower
Super Post Hoarder
 
Posts: 3869
Joined: Fri Jun 13, 2008 10:00 am

Re: Aluminum prices set to soar

Postby Recyclersteve » Fri Feb 23, 2024 4:53 am

I don't believe aluminum being up about 2% is considered soaring. And nickel up, but less than 2%, doesn't get me very excited.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4591
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: Aluminum prices set to soar

Postby Dr. Cadmium » Sat Feb 24, 2024 9:19 pm

Recyclersteve wrote:I don't believe aluminum being up about 2% is considered soaring. And nickel up, but less than 2%, doesn't get me very excited.


Agreed.
Dr. Cadmium
Penny Hoarding Member
 
Posts: 901
Joined: Mon Aug 02, 2010 3:00 pm
Location: USA


Return to Scrap Metal Salvage

Who is online

Users browsing this forum: No registered users and 15 guests