US Silica Holdings (NYSE:SLCA)

CAPS Rating: 3 out of 5

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Player Avatar MrOneHundred (30.54) Submitted: 2/28/2013 4:24:30 AM : Outperform Start Price: $23.23 SLCA Score: +63.71

I'm stepping a little outside of my circle of competence here, and am also a little late to the party. The articles below explain why I think (even at this price) US Silica Holdings will continue to outperform for awhile longer. In summary, they sell dirt, and it's in high demand!

http://www.marketwatch.com/story/fracking-makes-for-sunny-times-in-sand-2012-03-06
http://news.investors.com/business/022613-645798-us-silica-fourth-quarter-earnings-beat.htm?ven=djcp

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Member Avatar MaryStern (58.27) Submitted: 2/28/2013 3:58:00 PM
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Thanks again!

Member Avatar MaryStern (58.27) Submitted: 3/11/2013 1:07:26 PM
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Mrsixty,
You are sliding down fast
Why do you keep your worst picks (four of them) with the loss of over 100%?

Member Avatar MrOneHundred (30.54) Submitted: 3/12/2013 12:15:34 AM
Recs: 0

Good question. There are actually two very important reasons.

1. My focus on CAPS is in developing my accuracy more than points. (Though having more points than I currently have would be very nice.) By keeping my bad picks, it limits my ability to make additional picks on my account and thereby forces me to think carefully about my next picks. By focusing on accuracy in this way, I've benefited in my real money accounts substantially and my accuracy keeps climbing.

2. By making mistakes on Fool.com, it allows me to reevaluate a stock before I decide to buy in with real money. My real life success essentially has a small buffer now. Except for the biotech/pharmy stocks which scare me, I've actually made decent money investing in Netflix, Ceasar's Entertainment, and Christopher Banks- three of my not so good picks.

Because accuracy is more important to me than points, I use CAPS as both a reminder/watch-list of my bad calls and as a way to protect myself from potentially disastrous real money calls. CAPS forces me to keep up-to-date on both my good and bad calls especially since some of my real bad calls have ended up being some of my best investments (lol). That's the functional side of my CAPS page. On the game side this hurts, however- I'm just hoping that one day they will eventually go positive or at least not eat away quite so many points. :P

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