Buy, Buy, Buy

I've been running "my research screen" on-and-off for a while now, but not managed to get down to the business of buying anything. Looks like writing about doing something actually motivates you to go ahead and do it too. Who knew!!

Anyway, jumped back into the market today, considering it was a down day, and managed to Buy one of five stocks that I have picked. Here's the latest acquisition:

Name:                                Schnitzer Steel Industries, Inc

Industry:                            Steel

Symbol:                              SCHN
Timeliness:                        1
Safety:                               3
Technical:                          3
Approximate Price:            $27.00
Dividend Yield:                  2.80%
Industry Rank:                   4
Low Gain Estimate:            85%
High Gain Estimate:           200%

I picked it up near its low for the day and it had climbed back to almost even including broker fees by the end of the day. Here's hoping it continues to climb...

I have a four more Potentials lined up in the Steel and Financial Services industries. I'll list them in a separate post, optimistically tomorrow.