you guys know it sitting here with brett on another monday how you doing man last monday of february all righty i’m already almost into march golly well for me february’s a short month so um i’m okay with that so we’re almost to march it’s going to be an exciting march so things are still running running hot man i mean copper shoot i made it post last night just because copper looked like it was just going to be up 10 today yeah it kind of cooled down but still i mean we’re you know we hit 421 overnight yeah yeah which is it’s that thing is on the rocket ship man it’s i don’t know i’ve been calling four dollars i think 450 is coming you know i think we beat 2013 highs i think we get it done in the second quarter of this year i think it’s going to happen so like april may somewhere in that yeah i wouldn’t be surprised and at the way at this pace i mean it could happen you know march yeah just never get too high never get too low but it’s always an interesting uh an

interesting market to watch for sure i mean the precious metals have been you know running pretty hard platinum palladium rhodium silver is up pretty good today um i don’t know and nickel and aluminum i mean knock on wood but everything seems to be kind of hanging in there that aluminum i mean if that thing could get back to your 110 120 lm i mean yeah it’d be like shoot when was that last like that 2012 time yeah well same in that in that range you know and then some of these aluminum the guys that produce aluminum can actually you know get some money from their buy product get some more money like they were like we were all accustomed to you know for the longest time the same with like stainless i mean i i’m i’m excited to pass on those those up prices when we sim that’s one thing that we learned like i learned i don’t sell a lot of material let’s help them get some quotes like you know copper’s up like crazy yeah you know you’re not really always seeing it it might be up like crazy but you’re not

seeing people aren’t breaking loose they’re not breaking loose that price they’re not giving you that up yet because i think a lot of people correct me if i’m wrong i think a lot of people are a little bit on their hills thinking like is this sustainable is this real you know yeah and that’s why we keep selling into it right like i i posted some on linkedin the other day about you know i up by selling it you know xyz copper price but i mean you know hindsight’s always 20 20 and and i’m selling into it even though i firmly believe that the price is going it’s going to go up more i just don’t want to be caught holding the bag you know um on a guess you know i mean a feeling i mean we have a business to run we have employees to feed we have you know bills to pay and as and as much as i’m cheerleading the market as much as i’m you know feeling like it’s going to move and keep moving in this direction i’m also not going to string us out to dry right i’m

still going to move scrap i’m still going to try and pick my spots now iron’s a different story because yeah we uh we’ve been doing some maintenance of some equipment and whatever else we kind of timed it to just you know take this month off from shipping a lot maybe next month and the following month whatever it’s going to take to get these prices in line with yeah with where they we feel they should be um but other than that you can’t sit on everything we’re in the business of buying and selling what we buy in process and moving scrap we buy by enough non-ferrous to absorb that you know ferrous and analogy that’s always stuck with me that you told me years ago it’s like you got to look at it like a farmer’s crop yeah like when that crop is ready you just you ship it no matter what the price is you know yeah obviously there’s a little bit of give and take on that analogy but i’ve always thought i was like because a lot of people that aren’t necessarily in the business but sell us some scrap they’re

like oh you guys must sit on this until it’s ready i was like no like we don’t have the luxury of the space yeah um you know we need some cash flow too like we got to just keep the wheels moving so like you know certain products yes you know especially like a brass load you know that we don’t get what we get so yeah loads of layers yeah we don’t go too it’s not a big big item for us so we can pick and choose our battle on that load yeah you know but the ones that accumulation over you know time to build out those loads now we buy a lot of copper so we ship and we process and we sell a lot of copper you know iron and um stainless is a big mover for us we buy process sell a lot of stainless we do pick and choose our spots on that material as well it’s i mean we are you know we’re lucky in the in i heard uh dave wheats one of uh the guys we’ve done some business with and around here a good guy been in

the business for a while smart i like him he said you know the difference between us and farmers as farmers get one sale a year they live and die by that sale it’s either a great one or a you know but we get to sell every day right if we want to so you may took a terrible sale yesterday you made a good one today you may have made a good sale yesterday you’re going to take a terrible one today or this month or whatever the advantage of of being in the commodities trading scrap recycling business is yesterday’s sale is yesterday’s sale you got a chance to make another one today so you’re never beholden to one sale a year and so you’re a little bit you’re you got a little more room for error on that yeah like you said earlier you can’t get too high or too low i love that analogy not just for scrap for everything in your life like don’t don’t get caught patting each other on the back too much yeah because you know that other you know that bad day is coming too but when that bad

day comes don’t dwell on it and you know screw up the rest of your week you know so i think that and that’s why you sell you sell so that when the bad day comes you’re not just sitting there holding the bag yeah not a bunch of that you wish you would have moved earlier right so it is what it is as long as you can afford to hold the bag when the price is not right hold the back and that’s what we continue to do on certain items if the price is right and it seems good and it makes sense and you got someone’s going to pay their bills wanting to buy it sell that um any predictions on ferris next month up up how much i don’t know up 20 more i think it should be more okay they try to take it down anywhere from 30 to 60 this month right depends on the item i think that that was aggressive and that was unnecessary um this month i i would like to see it get back to january pricing we’ll see but there’s no doubt in my mind that we’re

january or above this year and i think in the next few months and i’ve been wrong before i’ve been i mean but there’s no doubt in my mind that it’s coming well you heard it here first up 60 next month all right have a good day