Your subject headline, profile name, and content of post got me to check your previous posts out-hahhahhhahha!
I am still laughing because they are so funny..............You are sarcastic, state the obvious with sarcasm, etc., I think all of your posts have some sarcasm in them-I like it.
The problem is that so few will get your posts because they won't get the sarcasm in your subject line "Insults are always helpful in furthering our financial acumen."
I see where Goldman dowgrades C & RE then Deutsche Bank comes out a day or 2 later and does the same thing...............Just wondering?
I am just wondering if we'll get a bump up on Monday?
AAL: 756MshrsX$20 gives me roughly $15B Mrkt cap, then add $756M for each additional $1 gives a final Mrk cap of about $16.5B..............Is it possible for AAL to reach a Mrkt cap of $24B where Delta is?
SID steel prices are already up 5%+ so it is no big deal if they get 3% or none. What is a bigger deal is the falling Brazilian Real: as the Real gets weaker, Chinese companies that have been exporting flat steel there will stop exporting at a loss since they get fewer Yuan after conversion. The increase in supply from China in October is a result of the firming Real then, but right now the currency has been beaten down so SID gets more Reals after converting dollars from iron ore sales into Reals. All SID's steel is sold in Brazil so no consequence to earnings................Brazil Steel consumption is projected to be up 4% in 2014 so good for steel makers there.
This is the news moving Usinas and SID today. google it to see it on Reuters.
As long as they can get money for FREE from the FED and Consumers, Citigroup and other banks will be able to lend at increasing spreads with longer maturities going up.
Good to see you didn't dump your shares at $5...............The only thing I can find is "global growth" for the sudden surge this morning. Iron Ore prices and flat steel in Brazil are higher than a few weeks ago, and we just have 4 weeks for this quarter to be over so HUGE Earnings again!
I wouldn't put MTG on my conviction buy list because I don't own any shares of it...................Goldman has no credibility in my mind because why would I buy MTG when I can still get GNW around $15 and nearly guaranteed to headed above $20 -any way YOU ARE right about it being good for us GNW holders so thumbs up for that post stockman.
good post mrfab and thanks for your time with the numbers.............Yea, we need a little movement in rates to get her above $20!
Iron ore futures are up and Brazil Real is weaker which means SID's profits to be HIGHER. Also, China manufacturing pmi is stronger, us manufacturing stronger, etc.............The negatives working against SID is Brazil inflation causing the government to increase rates which caused the Brazil market to fall which caused SID to fall.
Next time you decide to get into a stock, I suggest you put no more than 20% of the funds you intend to put into it at first, then accumulate on pullbacks of 10%.
Why would you follow zacks?
I think zacks had a SELL on SID when sid was at $3.20 when I was buying, then they put a strong buy on it out of the blue after SID stock had gone up...............I think that outfit just has some computer program that identifies stock trends then places recommendations on the trend so they are late to the game, or could it be that Zack's gets its revenues from institutions and makes money by helping institutions BUY and sell stocks? Could it be that Institutions buy stocks when zacks puts a sell on then and sell stocks when zacks puts a buy on them?
Yea, I should be getting that big dividend soon and very confident this stock will be trading back up to $6, $7..............SID is just being hurt due to the Brazil market falling for a couple weeks now.
We are up nearly 3% so I guess there must be good news on the LT care division, but it could be that GNW is just following the rest of Life Insurers up since LNC went through $52 today and MET is trying to push through $53.
We will rock once USMI start delivering with good news from LTC............Hold on to your seats!
We love this and want more price gains............Can we see $17 by end of December?
If you owned a company, then you would definitely move it to where your costs are MUCH LOWER.
Why is BCS up so much?
I just started getting back into the stock last week so I am surprised by this move-any thoughts or news?
Never mind, I just found it..................I gotta go find how many shares those AAMRQ holders are getting since I don't want to be ripped off here.