Remember Gordo's call for IO prices to be collapsd by now. Only going up. Also CS call for depressed pricing.
Maybe it recovers a bit now for another reason, like yesterday's upgrades and also those investments res wanting to try a double down against the losses they have betting that someone was going to pay a premium for Twtr. The selling down was as ferousios as the buying was into the rumors.
Alcoa news also not so great nor was Erricsons warning. May see a lot more taken out of the indexes before too long. Just so long as it doesn't hit Clf which seems to have better news for sector, pricing and the demand story.
Why WS ignores 90% of the bad news to favor 10% of the more hopeful news and takes the indexes so damn high on a p/e basis still amazes me.
and rev growth. Maybe energy does better this qtr to propel a part of S&P earnings, but fshe r the balance of the market.
Very few indicators suggest a rebound. A few companies including Honeywell preannounced last week in a bad way.
Anything viewed as bad news is ignored from r what could turn out to be another disappointing qtr.
Clf should surprise again to the upside on rev, car cutt No,etc., but with dilution EPS may disappoint.
We'll get a taste of it this week as they start rolling in.
on bad news yet whenever an analy ups their target price we see just one story, the initial post.
Think there may be a bias on Clf? If so, why?
SI does not fully support this as the entire reason for drop in sp as SI is going down. A failure to believe in the growth story may be a factor so those who bought in from$1.25 on up taking some profits.
Who really knows though? LG does have some work cut out for him a two the CC, especially on the dilution.
Doubt that because if that was the word on the street, which is all #$%$, sp wouldn't tank like this. Say something better
Now it trades on hate and anger of Twtr.
In 45 minutes of trading toaday, SP down 14% on 36MM shares.
Dorsey and team still do not get or understand what users want and need to make this company an investable company. 3 years of growth results should be proof enough but is does not appear to be.
above 5%, 8% in 10 days, 28% YTD.
The BOD really has to see what they have and force some changes.
While Clf may trade that way we all know so well that WS hasn't had earnis right for Clf since LG came on board. No one ever gives Clf the benefit of the doubt on any metric. So far they've been proven wrong with each ER.
Thst is my wish. My post says this will likely have to play out over time, that there is no magic bullet
Some clarity on the dilution might help bcsuse that is the day when started tanking and it has not rebounded.
LG gets what's going on. He has not beeen able to say much that's lasted very long beyond the initial cc.
CS $2 price target today on forecast for IO in 2017/18 between 40/45 does not help either, regardless of the past their calls for Sp target greater than 7 by some six gnifcant instutuons, unless they are going to be revising downward soon and WS knows this ahead of us.
Ever since dilution day is stock has been in the crapper
LG needs to spend enough time on the dilution topic. Ever since the secondary Clf hasn't had many up days. I hope he clears up some stuff and we have meaningful reduction in debt. LG blew up share price this time and he needs to have something that can shore up share price.
I thought we would see a movement back up to $8s by earnings that would have started by the first of October. Have that one wrong so far.
Why are you so interested in investors you do not know and sugges they sell here? Is there's some secret motivation or genuine good semaeratain purpose to this? Just curious.
Investing has to be viewed Against what happens over a period of time, not on one day or what happens in one event. Look at Twtr or Sdrl for two great examples. You have the wrong conclusion.
hitting here and there. Yesterday was as a frenzy of all sizes, especially large blocks. They'll hit at some time, but which direction.
If share price doesn't crater may see some double down bets coming on.
dramatically along with IO prices holding $60 by the looks of it.
LG will not pull out his smoking gun. He did not buy at 1.25' he will not buy at these levels or higher. There is no cash for that.
LG will let his story play out slowly and surely even if it takes years more.
Those who do not trust in Clf or the commodity/sector will continue doing what theyve done since 2011. Short it than short it harder on ramps.
I would love to hear something in upcoming CC that crushes the shorts once and for all. Until than, the story for Clf should not deteriorate, only get stronger month by month, maybe year by year before it gets enough respect on WS ti be a buy and add more stock.
Copy the entire declaration and put it on gild twitter page for all to see.
I like the entire declaration.
Share price was trending 18ish before the rumors ramped it up. This level may be close enough to that's trend line for some to take a shot.
Could be wrong and everyone keeps selling down to 14 on worrisome earnings