NUAN has been ticking up over the last 7 trading sessions. Would be nice to reclaim 19 on this move.
Look at what he uses for his metrics. He is using his estimate fir pricing of $35 by year end and he is using CLF guidance for volume. Amazing.....
Chinese officials encouraged their steel makers to defend themselves against these claims. X wants their steel banned. Investigation now underway.
He lost the best talent last year when they bailed in droves.
He is giving his shares to keep the remaining employees who were not good enough for others last year.
Growth is not on a good trend and to date, nothing they have done helped change this metric.
Jack will not admit what the problem is. He insists the world does not understand. Well, I suggest they do and they are saying no.
The problem is Jack.
Yes he did but he is out of tricks for doing any more of this now. Based on assets sales prices to date, there is left for that avenue (always said they would get pennies on the dollar and that played out true).
Now they have to do it through growth and cash management controls. On the later he has been a genius at cutting costs so well. Better IO prices and demand will be the next leg of debt reduction and while we will have higher prices because of strategy changes to production by the other majors, I still don't hold on to much hope for an improved demand story.
Will still be a very challenged year for Clf.
LG got the top award and recognition for how he has managed the company and they also complemented the board for hiring him. Just think what he could do as CEO for a normal company not so damn indebted.
confidence...they were bought under the emp stock purchase plan for 11.99. not so sure it gives any longs any confidence.
4 insiders each bought 990 or so shares for 11.99 each on same time so may not necessarily be a statement
And TWTR has not been able to tap into this yet. Shorts are looking at TWTR and making and so far they have it right and we have it wrong. Even today TWTR can not get off its life time low bottom trading range. There is nothing in the metrics that says buy TWTR right now. Sellers keep selling at these lows and shorts keep shorting any 25cent ramp. Trading says a lot more than this story line about company prospects and Jack does not help any because he does not tie any growth projections to anything they do
And TWTR is basically what it always was and the stuff they bought/expanded into is not changing any MAU metrics. Jack has still not linked any of the new products to estimated numbers. He does not address the media on the demise stories either, including in Square where several reports came out over the last week calling Sqaure the next Lending Tree.
Shareholder communication or support of investors is a no-no in Jacks world
twtr was thought to be like FB, and that is what SP traded on. Now TWTR is perceived to be a dead/dying company, so this is what SP trades on today.
Kevin Oleary called TWTR a "radioactive waste" stock yesterday on Fast Money. Very appropriate. The only hope investors are holding onto is a buyout. Jack refuses to address the real matters why TWTR does not grow. He has a notion is his mind what it should be and must be and he won't change.
They write stories daily about why TWTR will become history while Jack tweets about #$%$ stuff in his 1/2 time capacity as CEO.
They think a diverse board will fix the troubles. Everything they do makes me more worried than before.
Either the company gets bought, which no one seems to be interested in doing or Jack hands over the reigns to someone outside the company and they fire Bain and Noto who helped lead us into this mess and have not pulled us out.
Clf getting hit the harshest as usual.
I doubt it, as d those who can make share price move. Share price continues to go lower and no one is pricing in any positive upside potential anymore. Only a surprise will change the narrative. I still think Javk is unqualified to be its CEO. He must turn those duties over to others for both companies.
The sick sure trades that way but Jack seems to think a diverse board will fix it. The more I see what he does and does not do makes me more convinced than ver before that he is complete idiot in the CEO role.
The release makes it sound like they are liquidating as quickly as possible. Put a halt on it here so SP catches a bid higher than resume selling later
I got in at 41.50 but clearly too early. With today's market, there are no buyers driving the bid, just CS selling and driving share price lower than it seems it should. Confused by how sever this drop is on the news and the aggressive way CS is getting out. Maybe traders fear the worst on the news
Staring with the famed Omid, now the BOD Chair, share price continues to decline. They need to change the product and this can be done without Jack's notions that he needs a diversified board.
I am tired of these moronic actions not to address the real reason why MAU has not grown and adv dropped out.
Jack can be really stupid, blind or naive why the companies he founded are failing investors in both companies.