classic rockefeller game plan. So do you see Vale acting to exploit all revenue streams and moving on cliffs pellets market?
but how can El Gordo be so stupid, you say? Letting himself get set up by creditors for a possible liquidity crisis to justify the unthinkable?? Well in these cases, stupid, baffled, mistaken, blindsided, etc. are all excuses for corrupt complicity. Cash flows better be for real, adequate for commodity crash and hedged hard!!!!
or he will be caught without enough liquidity once the big guys go for the throat. When Standard Oil sold oil at a loss, it was to run everyone else out of business. Then the price quadrupled once the former competitors fire-sales were over. I say keep the money on asset sales, default on unsecured debt if needed and renegotiate. Lowering your credit line and pledging assets sounds like incompetence to me. Cash flows better be for real and hedged hard!!!!
no disclosure. I do know all about the Tribe and the evil they spew and unleash. Manipulating the globe with deceit.
The oil manipulation ain't ova Rova- they will take it down even lower,,,, which makes me wonder if all commods will follow,,,,???? I'm almost wishing for two bucks a share now,,,, got dry powder for a long lower leg doji day,,,, I appreciate and welcome informed commentary on this subject, cause since they broke the five mark here, it's all on the table now,,,
have no fear solarman- once they get that GLOBAL war going, steel will be in huge demand!
What a devious rout. Schlomo offers no mercy in this rigged casino of a market. Sorry to all longs who got wiped. Buying should begin soon once they have cleared the table of longs chips. Didn't think they would go for the whole thing but longs must have been holding on strong prior. Thank the corrupt sec, exchanges, brokers, management and of course media. They robbed you plain and simple.
I concede- clicked wrong,,,, disregard previous posts ugggghhhhhh
today's filing shows 1.5M more shares than the previous filing,,,,, Sheesh! that's adding 30%+