small.. someone like Google or even SalesForce can buy TWTR for $20B and cut cost drastically. They don't need all those people. Big Company's Internal Tech people can easily handle it. It can be said they they can cut as many as 2000 in manpower and cut back on Stock based incentives and lot of perks. TWTR also has huge $3.6 B in cash which lowers the purchase price quiet a bit. A big company like Google, Disney, MSFT or CRM can make it more efficient and add more features and expand the user base. Mark my word... it will be sold with share price at least in mid $20's in next few months, and Jack Dorsey will be gone. I am holding onto my remaining 2500 shares. Have a nice day.
Glad I sold half of my TWTR yesterday above $25. But the buyer will come by the end of the year. TWTR is too good a communication tool and will find a buyer for around $26-$28..IMO
Sold 2200 that were bought under $20 at $25.10 and still hold 2500 shares and hoping it to go to $29-$32 area depending on how many Companies are bidding. SalesForce, Google and Disney are the major players.
ca_ CLF will beat Q-3 earnings est. and will have some what higher revenue as 2016 sales of USIO are raised from 16.5 mil tons to 17 mil tons. This will also improve and beat Q-4 E.est. Also PMI in China was over 50.1 meaning manufacturing is expanding and that will help keep IO price in mid $50 to $60 range. CLF's 2017 USIO sales can go as high as 20 mil tons with new "Mustang" pellets with even better margins. Their APIO operations will also be more profitable as their IO Cost has declined in mid to upper $20's
The biggest problem with CLF is how fast they can reduce their $2.1 B debt . LG would probably shed more light on it in the CC. I see a promising future lie ahead for CLF from what I hear from my friends.
Wow!! 12 negatives. Regardless the SP #$%$ out today down over 5%. My friends here in Cleveland say things going to get much better soon...about 3 weeks to go B4 Q-3 earnings and CC. Still Shorts are in the control right now and Dow being down doesn't help.
CLF SP should begin to make move up now per my sources. Too bad CLF sold 3 Met Mines. The price of Met Coal has more than doubled... but again who knew this will happen. It was a matter of survival for CLF at that time and LG did the best he could. Coal mines were draining CLF's Cash Flow.
SP at $5.88 up 2 cents in Pre-Mkt.. C ya later.
Below by Seeking Alpha
As seen above, Cliffs has managed to arrest revenue, while its gross margin has also started moving up. However, the most impressive part about the chart above is the growth in the company's operating cash flow, which can be attributed to the company's aggressive cost reduction efforts and the rise in iron ore prices.
Looking ahead, I think that the financial improvement at Cliffs Natural Resources is set to continue as iron ore pricing will continue to get better. Let's see how.
Higher iron ore demand will be a tailwind for Cliffs
Iron ore demand has remained robust in 2016 on account of Chinese consumption, which accounts for close to 70% of global iron ore consumption. In fact, for the January to July period, China's iron ore imports have increased 10% as compared to the year-ago period as the country is well on track to import over 1 billion tons of iron ore in 2016.
More importantly, China's iron ore imports have held their ground in recent months. For instance, last month, the company's iron ore imports of 87.7 million tons were almost in line with July imports. The consistency in iron ore imports by China is driven by the strength in the country's steel industry, which has maintained its output as compared to last year.
The Chinese steel industry has been encouraged to maintain its output this year on the back of strong pricing. This is the reason why China has not slashed as much steel capacity as it had forecasted at the beginning of the year as steel mills in the country have seen a rise of over 50% in profit on the back of higher steel prices.
Looking ahead, the demand for steel in China will continue to remain strong as the government is investing in infrastructure projects at an impressive pace. More specifically, the country has outlined an investment of $61 billion for developing infrastructure on a local scale, while a bigger quantum of $720 billion is set to be invested in the transport segment.
Big time manipulation going on as we speak now to keep the SP well below $6. Option traders are the big culprits with weekly options expiration today.
SP just can't seem to go up against Shorts' headwinds. October is here and now less than 4 weeks from the earnings date and IO price still holding over mid $50's..but stock price menders around $6 or under.
It was Deutsche Bank's liquidity problem as they are hit by USA with $14B fines for 2008 Mortgage thing. It affected the whole market. and also CLF..
SP spiked up 8% in AH at $6.33.. any reason? May be this could be the result of a new Labor Contract with The United Steelworkers ratified for its Michigan and Minnesota Operations.
atrue.. TY. How are you doing? well, I don't know whats going on with CLF.. now back under $6. I can understand the drop today since the whole market #$%$ out. Any way, I do hope CLF begins to make some move up as the Q-3 earnings date closer...now less than 4 weeks away.