Very nice action/volume...broke above 50/200 day moving avg. With conviction...see stockcharts.com...rs and money flow very positive...shorts approx. 5 mil.shares(may have to cover)....no outages at plants this qtr..tonnage price up...debt down.....running 24/7.... We just need more coverage,i.e. Barron's, gs upgrade......glta!!!
I expected a drop on Thurs followed by a rally, caught me off gaurd too. I missed the boat there & didnt want to commit before job numbers come out.
Like I was saying, this time around the stock showed strength, something that it hasn't in the past. Todays action on high volume is very encouraging. Hell, maybe I won't feel like a fool for buying those Sept 7.50 calls!