Usg

Discussion in 'Stocks' started by $CostAverageMAN, Nov 30, 2006.

  1. jhaski

    jhaski

    Could you please tell me what you use to find stocks like this with an uptrend and high volume? Do you use a stock screener?

    I understand if you don't want to disclose the details.
     
    #11     Nov 30, 2006
  2. dhpar

    dhpar

    hard work :cool:
    you unlikely buy stuff like that just one day before it goes up - you stand through the hard times and then - maybe - reward comes...

    Specifically, I bought this one many moons ago - I was impressed with how management pushes the company through difficult asbestos challenges + nobody seemed to be appreciating it judging by very low PE (of course except of important exception of Buffet). USG is big in what they are doing, i.e. they have a pricing power and will weather any housing slowdown. Likely they will emerge only stronger.
    This is kind of stock you ramp up even when it goes down....sometimes if you are scared it helps to buy calls instead.
     
    #12     Nov 30, 2006
  3. #13     Dec 1, 2006