Repost for our new friends: DD on $STLD
By - JayArlington
Im in those comments! Two month old me is satisfied with my 100% stld gains thus far
I actually just bought a new scoop of stld calls this morning on the low and feel as optimistic as I did then
Used my CLF profits from yesterday to buy big into 65 and 70 Augs. Got bit today a bit but feelin' good
Yo thanks for the repost. I’ve been on the thesis since Dec and somehow overlooked this. Adding calls and shares soon.
STLD is basically a mini Nucor. Production increasing 25% over the next year with Sinton. Higher margins and lower multiple too. 2nd largest holding now after CLF.
"Steel Dynamics is about to swing THE BIGGEST STEEL DICK IN THE UNITED STATES."
This line compelled me to buy a bunch of STLD calls for Nov - epic stuff
How he delivers his thesis hasn't changed