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Subject:  Re: Vulcan Material’s 7.15’s of R Date:  1/30/2013  4:06 AM
Author:  howardgt Number:  34733 of 36328

I think the whole industry is on a tear… Anticipating infrastructure projects.

Take a look at USCR. I received new stock as part of the BK reorg at around $10. It kept dropping and I kept averaging down (I know, I’m not supposed to do that :). Anyway, I bought at $8 and $5 and then decided to hold what I have and just forget about it as it kept dropping (no stop-losses for me).

It bottomed in the 2’s and it’s now around $12… I should’ve continued to average down as planned!!!
I took the elevator ride all the way down and now I’ll take it all the way up!;range=1y...
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