I suspect people like JPM know of these events before hand. Just a suspicion. Anyways, no one lowered since dilution so maybe dilution is a mute point
VIP, they upgraded in May I believe with a $9 target. Forbes came out after that along with others of targets from 7-9
Thi said Ins another in a chorus of bullish calls but S&P iq rarely moves the needle by themselves. Will take it anyways.
Once again at the upcoming CC, LG will challenge analysts about their assumptions for pricing. He will have another "I told you so" moment. These analysts will acknowledge he was right but whenLG asks them about forward looking guideance they will have low ball numbers.
Its been like this for past 3 reports and I suspect another repeat next week. Whatever the reasons they throw out from R a lower price will be interesting got hear. It would be nice to rere some higher expectations, because this will drive SP higher ifhey model in a higher price.
Thanks for the great info.
I particularly like the timeline for inflection point, which he set at a month or two rather than sometime in the next year. That says a lot for what could be s nice ramp into year end.
X has had great opt buying and the Barons story on Saturday that was favorable. Clf was also mentioned as a stock with greater upside potential than down side risk. Clf may Ben benefiting off X right now. Whatever the reasons, we need it,
Sure looks like a sentiment change. IBB and most stocks up nicely on better vol of late. Gild getting a better bounce though.
I bought at 80 after they got another $5b in cash thinking they were ready to deploy it.
this is a bad sector still, maybe b abuse of election rhetoric. However, gild drop has little to do with that in my view
anything beyond what the old team left them with.
Gild has $30B is cash in hand after its $5B capital raise yet SP continues to drift lower daily.
They know what WS needs for shareholder growth but do not seem interested in delivering a damn thing more than the current pipeline.
Like I said, it looks this way but may not be this way. For now the bets are in place that the former is the current truth
Not to sure this lasts. Thy cut on port and rail maintenance issues, per the release they put out. VALE had an increase in production, so vol lelvels may just be flat
Boy Wonder, Gordo, had it tanking already. I can not wait for what LG has to say or ask him at the CC.
They all bounced off their 52 week lows in the first week of January. There is a split between those at 52 week high and two working on reclaiming same.
I did not look at % moves, just directional moves. They all seem to still trade in tandem even though Clf has almost nothing to do with seaborne.
Bust or not, and I agree he is on this point, guys and gals like that set direction for a stock. This is why Clf does not advance. I wrote about that this already. Ramps get blasted because of these views. It will take something g to blow them up and get them out of our way. They continue to control the direction. Why or how, I do not know but they have since 2011 or so.
Sorry, that was Jim Chanos, not Champs.
He is another famous short who links all things to China.
I guess we have to wait longer to see how the story turns out. So long as big guns like him hold that view, they will short all ramps in all commodity related stocks.
Why would anyone sta a new short here when prior to dilution SP was 35% higher. All the news and upgrades to earn revisions would keep me away from shorting or selling the upside potential over the unlikely downside risk said?
There still remains a core group of people who will not fear Clf until the day their head gets ripped off.
I think is selling I still more because of dilution than anything else.
Even with the weekend story in Barons, today Clf found itself treading water at times. Granted yesterday was an outsized move up. Anyways, Clf of late has been trading like before, where each and every advance is quickly sold down. For whatever reasons, there are many on WS who believe Clf has a limit on its SP and will,h our t it hard no matter what the news stories say.
I do suppose one day the shorts get obliterated. But while the debt story is intact, this I think is the reason why they hit it hard on moves up. The models they have for Clf says it does not belong above 5.50ish.
in Barons about the potential move up for steel stocks next year.
They said that Clf has the best potential for a sting move up so the downside risks were small compared to the upside, hence investors are willing to take the risk now.
Amazing how the narrative swings back and forth on news stories. On friday Clf was damned. Yesterday it had one of the biggest daily advances of any stock. Today Gordo goes ballistic on Barons.
X and AKS also hanging on strong gains.
Is today the start of the ramp intonearnings if there isn't one?
We are stuck with this reality so long as we remain shareholders.