Seeking Alpha

U.S. Silica set to join S&P SmallCap 600, +4.5% premarket

  • U.S. Silica (SLCA) +4.5% premarket on news it will join the S&P SmallCap 600 after the close of trading Feb. 14, replacing CEC Entertainment.
  • Also, SLCA enters into an agreement with Union Pacific (UNP) to build a new, unit train capable silica sand storage facility in Odessa, Texas.
Comments (2)
  • unclemike7849
    , contributor
    Comments (156) | Send Message
     
    SLCA can't seem to bounce on its own fundamentals, which are numerous, but being added to the S & P small cap 600 is somehow a big deal worth a 4.5% bounce? Craziness like this is one of the reasons I love investing!
    11 Feb, 01:38 PM Reply Like
  • jaialai1234
    , contributor
    Comments (10) | Send Message
     
    I think you are right about it being added to the S & P small cap 600 is a big deal. I only found this stock tonight when I was sitting here waiting for this snow that it would be nice to have a company in my portfolio that dealt in sand and 1 1/2 hour later here I am. think I will join you and add this one to my portfolio sometime tomorrow.
    13 Feb, 09:09 AM Reply Like
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