America is a country largely composed of tattletales, complainers, and spectators. They have short memories. To many Americans you only get ahead by bashing the other guy. During Vietnam, the USA was constantly bashing the Northern Armies of Vietnam until the day the USA turned tail and fled Saigon with their tails tucked between their rear quarters.
I continue to notice the China bashers here and that strikes me as patently stupid especially from those living in a nation that would elect an incompetent like Obama. It is astonishing.
Baba is being hit by hedge funds who control the financial media in America. So you get insane stores like the brushing accusation or some nonsense about Taiwan trying to restrict trade because mainland China may benefit in some way. Who is going to back up Taiwan... Obama? Don't make me laugh.
BABA is being roughed up by hedge funds to try to drive the price down so they can move the weak hands. They did this with Bidu, FB and others. But BABA is the biggest of all. It was slammed for "bad" revenues up a mere 40% over the quarter. It made a billion dollars in the quarter v. Amazon that lost 250 million. Hedge funds know that eventually BABA will be hugely important to all of Asia and it will be ASIA that lead the global economy not the big mouths from America that spy on everyone and push around like bullies. Can you imagine anything more ill mannered than Obama putting on a big splash with the 747 and blocking other aircraft from landing in some foreign city or domestically. This is the bully message that America sends everywhere. And the China basher out here are the epitome of the American Loudmouth.
The notion that iron ore must return is rubbish. The majors will make money as with RIO and BHP but VALE will continue to lose money because it has overhead that is sinking the whole ship. Their hands are tied by that Marxist Brazil Gov so it is a waste of time.
Also hedges are pushing hard for a correction. I think it is obvious that Obama is failing. Manufacturing in USA at a 12 month LOW. Hopefully Obamacare will be dismantled by the Courts if not... then your courts are legislative bodies and the whole USA ship goes down with that one. Strange how a country can turn from being largely a winner to largely a total loser handout nation in the span of seven long years. Astonishing that Americans could have been so stupid.. Both of your parties are just out to pick your pockets.
Sentiment: Strong Sell
And away goes VALE down the drain... It may close below 7 today. Laughable. Tyler Turds-on sold all his TLM shares exactly ONE DAY before the merger was announced... Ho Man... talk about great timing... you just gotta laugh when somebody misses the boat that badly ... and Worse, he was over on TLM bragging about selling off TLM. What a looza.
It if weren't so sick it would be funny... All the cheerleaders that have been calling VALE the bottom for the last four months have been just destroyed. Why do you listen to tyler Turds-on and Golfshoes and duschemanuchi? These guys are destroying your portfolios. VALE is a bloody mess. It it Marxist run and going no place. The Brazil election was clear... Embrace Marxism. Embrace the banana republic of Brazil. And it is only getting worse. What are you dopes thinking... nothing. That's right, you don't think. All you see is what you think is a low priced stock and your greed has you believing you will double or triple out. Not a chance. It is Marxist to the core.
The negative idiots on this board are gong to stop you from a great buying opportunity. Thumb up on my original post today. Don't be a blind VALE fool! Sell off so you will have some cash on Tuesday... for the big announcement.
Sentiment: Strong Sell
So far I have only one thumbs up to give my latest stock pick and I need four more. The board was taken over long ago by mindless cheerleaders and I have provided many excellent stock picks. Mostly it begins with bashing my picks then my picks go much higher and I get bashed for being successful. Meanwhile VALE sinks. Look at Golfshoes, losing over half his retirement investment and dividends in just a few months. That's pretty sad. But he is very stoic and continues to get battered. He should have bought TLM and Holly refinery.... but the losers talked him out of it and he may soon be a Walmart greeter. Sad. Sad that Tyler Turd-on has so much influence over the VALE sheep. Sad
Sentiment: Strong Sell
Moron... he was replying to bensadri the lunatic who's Englich skills are as bad as yours.... You are one sad case.
Sentiment: Strong Sell
But only if I get five thumbs up on my post. Otherwise I will keep it to myself.
So get out of vale and have your cash ready....
Shocked you would attempt to use logic on the cheerleaders but it is a worthy effort. There are a few other reasons why VALE is not going to improve.
1) they are the only one in the top three majors that showed a loss.
2) They are Marxist run.
3) They should have sold Nickel operations last year. Philippines and Indonesia are pushing production sky high. Canadian mines are not able to produce Nickel cheap enough so this will be hard to sell assets.
4) China giant growth years are behind it and this is by intention from the Gov. The build out has been significant and they are concentrating on consumer development. They intend to reduce steel output gradually.
5) In the commodity space there are much better investments.
Here we are 7 years into the reign of the worst most incompetent underskilled, fraud ever to occupy your presidency. Month after month, year in and year out, the drive by media proclaims the US economy is about to break out. Then out of this euphoria we get the dose of cold water that the GDP is an anemic 2.2% and that is largely due to transactions involving debt purchases. Only in America could you see debt transactions raising GDP. Simple example. A guy buys a car for 20K. That would be 20K toward the GDP but if he finances it that will be tallied as a 40K transaction attributed to GDP. So the greatest debtor nation has found a way to get bragging rights by incorporating debt as the cornerstone of the US GDP. Meanwhile the USA is sinking in debt.
My advice is to be very wary of the US economy and the high stock market. A company like Tesla is garbage and if not for your gov subsidizing electric cars, they would be out of business. Imagine a business model so weak it relies on the stupidity or your Gov politicians to survive. Ike was right. Beware the links between Gov and business.
China is very smart. They are slowing their economy intentionally so the massive build out is now over forever. Look to that Chinese consumer where the real action is coming. In the USA, look for continued anemic Obamanomics. America will remain an angry nation as long as that bum remains in the white house. I have never seen such polarization as there is in America right now. Your Gov looks out to destroy you and businesses. What obama did to the coal industry is unimaginable. The US dollar reserve is in a bubble and US exports down to zero. You can't go on much longer with this idiot. And your republicans just roll over. Be cautious, reduced earnings are coming and the markets will Swoon soon. It is time to hedge to the downside.
Unlike you, I don't like holding shares of individual stocks very much. I like options. First I make more money with options and don't have to win all of them. I just don't want to go down with the ship. My view is that most companies are just a form of welfare work in which a stunning number of untalented, lazy people find employment. It is much the same as Gov employees... idiots. This is especially true of large caps. There you find CEOs and Boards with no stake in the company and running it into the ground with high salaries, corp jets, and lavish company paid for travel. These are just like the way gov operates trying to bilk taxpayers every step of the way regardless of political affiliation.
On the other hand, I try to invest in hungry lean aggressive managements that have a large shareholder stake in the company, that are smart about how they handle currency and commodity futures. VALE doesn't qualify. VALE is Marxist. The only difference between VALE and IBM is that VALE doesn't hide their quasi Marxist ties. IBM on the other hand has that moron woman in charge that keeps borrowing money to do buybacks while R & D spending drops through the basement. Watson is laughable garbage.
Other companies in the USA are engaged in Gov spying. This is unimaginable and shows the sickness of both the USA and the military industrial complex that Ike warned about. Ike was one of your great presidents and nobody listed to him. So you can buy your Marxist companies, I will seek out the true movers. If I like the stock, I should like the options even more.
Sentiment: Strong Sell
If a bum found two cents on the sidewalk, he would have made more than you in the last 6 months where you lost half your investment in VALE and lost half your Dividend.... LOL you are some kind of investor...
Just sold the remainder of my calls for $9 ... I paid $1.20 and I told you all to buy HFC when it was dirt cheap but you idiots failed. LOL... its a fun day... BTW RIO is up... my options there doing well too... I told you to buy that too. I made money on every single oil company I bought and every driller.
What am I buying now? Softbank, selective housing stocks, and a leveraged energy ETF which I bought dirt cheap which is heavily green. Saudi is going down. I wish I could buy stock in ISIS. LOL. I would also sell your Obama short if I could.
I am ups 607% on my remaining HCF june 19 calls for 35.5.. I told you morons to buy it but nnnnnnoooooooo you had to listen to that dope tyler tursds on. He is the biggest loser out here. LOL enjoy living in the bsement with VALE
These Marxist banana republics are all alike... You gotta hand it to the Castro Bros. They really know how to turn a country into giant landfill.