Hey y'all, its been a minute but I'm still in the house. Anyhow, I know prices are getting a pinch right now and that's ok if you ran your scrap business like a small investment firm. Here is what I...
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Hey y'all, its been a minute but I'm still in the house. Anyhow, I know prices are getting a pinch right now and that's ok if you ran your scrap business like a small investment firm. Here is what I...
Get hooked up with some ac guys. One thing though, their slow season is coming when the cooler temps roll in.
Hey Fellas, I have about a ton and half of copper and I'm trying to get the best bang for my stash. I'm aware of the prices the scrap yards are offering, but I'm not trying to sell to any yard. I'm...
I have one word for you all, "patience." In our business, it's a the key.
Smelting anything is a serious deal. If you are going to get your return on investment, then great. However, at what cost? Are you environmentally keeping the air clean, are you disposing of any...
I survive by being financially savvy with my scrap dollars and overall business. I used the term business because we are entrepreneurs and it's time guys and gals stop being ignorant to the process...
I don't take the tubes home. Garbage man does that. I just take the goods out of them.
Sounds like you have a game plan sewed up. Good luck with it all.
I strongly agree.
QUOTE=junkfreak;241652]I like hoarding my copper and brass. Its money in the bank.[/QUOTE]
Taterjuice that's the spirit. I'm just gonna keep hacking away. Payoff will come one day. QUOTE=taterjuice;241610]I survived '08 and I'm pretty sure I'll weather this storm[/QUOTE]
There is a saying, "Out of disaster, comes opportunity." That just might be the case with copper prices taking flight one of these days. I'm hoarding like a big dog. Just in the last three days, I...
You couldn't have said it better.
QUOTE=junkisus;238632]I know I have said this before but I've been doing this for 29 years why stop now ? Anything lost in price can be made up in volume with...
To all you fellas and gals who have not stopped scrapping, I applaud you. Just today, I turned in about $500 worth of material and I'm still sitting on about 200 lbs of copper. One last thing, sold a...
I turn in the shred as soon as the trailer is full. I hold on to the non ferrous as long as possible, but as for copper, I'm holding on to it for an extended amount of time. Business research...
Nope, I have not stop and will not. As a person in business for myself, I have a business model which allows me to survive during this time. Business like everything else have got its ups and downs....
Scrappah, well said. In the end it's a gamble or calculated guess at best. Let's see what will happen.
My copper pile and non ferrous pile is growing like crazy. Thanks to the constant trashing of crt tvs and tax time new purchases.
I can't say I know the man which is my misfortune. I send my regards to his family, they have lost an icon.
F350, you freakin got it and you nailed it. What poor folks don't do is think like the rich, which is their biggest mistake. Rich folks can afford to drop a cool million on a certain stock when the...
Copperhead, I was simply suggesting to honor one of the most profitable and fundamental principles of investments, when the price is down, increase your holdings. In regards to scrappers, hours your...
Well said and with that, I hope we can take something from all this discussion. Thank you all.
QUOTE=bigburtchino;235619]So far I do not buy anything, everything we touch is from a waste stream...
It's a gamble and each and everyone of us must choose a path. I'm leaning on the side of history and copper prospectus, better days are yet to come. I'm hoarding like a big dog.
Thanks for the breakdown Otto. That's the optimism one needs in this time.
UOTE=Otto;235266]I've got some totes that are 10"x12"x15" that hold about a cubic foot. When filled with stripped...
The guys and gals who are going to really feel the pinch, are the ones who buy scrap. For those of us like myself who don't buy scrap, we have a little more flexibility. I will be hoarding, in fact,...
Matador, I share your sentiments and that it exactly what I'm doing.