They did argue their take over of Clf on your points. They routinely ridiculed and mocked prior leadership for share holder destruction and they said they would reverse that trend on day one. It is now much worse for reasons both know and unknown. i can debate the other points with you but all of it is in vane. Point the original poster mad, which I agree with, is that their plans have failed to produce the result they promised and we are all being hammered. Stop defending the indefensible.
I can not think of any answers he has given since he started doing cc. He makes his points and he assaults analysts but I am scratching my head trying to remember answers that explain anything. His predictions so far is far from being realized. Do you expect clarification this time?
You are missing the point of his post. All the defense you've made for the balance sheet, it has still produced a $2 stock, down $16 since they took over. Argue the balance sheet as much as you want but no one on WS is listening
The defense of Clf balance sheet is actually tiring. I know, we are all fools because no one else gets it or has any facts.
What does any of that mean anyways? Motley Fool actually wrote a good story today explaining the Essar mess. It should have been writen by CLF but that. Asking too much.
By now it should be clear to you WS does not give a damn about the BS or IS or cash.
Maybe you think they can afford to pay that but something else is going on and as usual, too many damn unanswered questions and no one else is paying attention to the BS
"useful" is the word Dwight Anderson, managing partner at Ospraie Management, used tiday on Bloomberg to describe twtr in a one-word answer segment. While he does not tweet himself, he uses twtr.
Not sure when you wrote this but that gain is gone already and now negative. I thought by the looks this morning it might break 100. Still could. Not dissing FB, jsut saying the future growth story may be someone else, like twtr
Twtr already told us what to expect. Do not know why people are shy or timid.
They have so many things already underway of late and in the works for tomorrow, I do not think any one has to worry about rev's for twtr growing.
They were supposed to be bad last qtr and the stock popped to $40 before the dual-fools tanked the stock on other news only mattered after they spoke horribly about the company. before thsoe words were uttered, twtr was rocketing on its earnings beat.
Getting a feeling this will become a total failure
Not sure how to interpret this news. No follow up commentary from LG.
Wonder if he is in so far over his head in his ability to turn CLF around in the manner he believed he could. THis stock gets destroyed more every minute of every day
Sure...we've been waiting for this to happen for two years and still counting. I will stick with my original thesis, they are as stupid as we were.
Something in the macro has to change for that to happen to CLF ( like debt reduction by half or more, asset sales at a very good price, a good BL resolution, much higher IO demand/pricing, halting of cheap imports to name a few). How many of those do you think will happen?
Nothing less than gut wrenching sick. Stomach turning puke out.
Share price is down by $16 from when they took over. Remember how they laughed at the priot management for how share price got destroyed. Well, it;s now obliterated but insider have bought and are as stupid as we are for doing so..
predictor that is?
This is what I've said since the beginning, and if it something happened, it would not be material because PP would be so low the impacts would be marginal. Even a share buy back does not help the company share price.
You truly seem to have an agenda on twtr. Too think for one second all the changes being made, along with the new products/services/enhancements, not to mention functions that increases usage and MAU (election process, NFL, moments, periscope, blah...blah..blah) will not have a material impact on MAU, your are crazy or clueless or as I said bebfore, operating with an agenda.
They already guided higher for the qtr. Twtr growth is not MAU alone. You have very dedicated users on the platform and they are not going away and advertisers will not walk away from those people.
at 12:47;03 three separate sell transaction happened for 35,800, 14,600 and 16,400 shares respectively on a total one minute transaction of 160K shares traded. even down 7% at near life time lows larger selling blocks are crossing the tape.
No matter what I thought of LG before, I have no respect for him now.. I have him on the BS list with lots of talk, lots of promises and lots and lots of losses.
I do not envy the job he has or took on, but he begged for it, got it, promised an entirely diffeent set of results.
Of the analysts covering Cliffs, one analyst has a “buy” recommendation, eight have a “hold,” and seven have a “sell” for Cliffs stock. The average target price for Cliffs is $3.21.
In an earlier post VIP mentioned writing LG in emails. Not sure if they polite emails, but I have beeni doing the same and also on twitter, but I have become very blunt and even rude/crude of late. After all, it is my money on his promises but all we have are massive losses that grow by the day under his tenure.
He has been incredibly arrogant and hostile toward analysts that have called it right. None of his promises for share holder appreciation have materialized, and we still sit on an unsettled CCAA/BL matter.
All in all, perhaps the prior management would already have CLF in BK, but LG hasn't done much better than perhaps delaying an eventual BK.
This is as disgusting as a company gets and as pathetic as management can be.
No one knows the motives or motivations of this company.
Politicians will not admit mistakes.
LG is in a cat and mouse game with Essar and so far he hasn't won any of his battles with analysts or others. LG big mouth has gotten him big #$%$ kickings and big losses for the share holders.
Reason given for the action by AKS CEO...
"We are taking this necessary step due to the onslaught of what we believe are unfairly traded imports of carbon steel that have been flooding our shores," CEO James Wainscott said in a statement. "These imports have substantially reduced order intake rates, production rates, shipment volumes and selling prices."
about hard hard the struggle is for Google to compete against FB. Now we have Ballmer's stake and the Exec Chairman new from yesterday. May see some competing bids for twtr from MSFT and Google, both struggling to compete against FB and twtr could give either a jump start.
If they were not thinking seriously about this earlier, perhaps they get serious now given these events over the last two days, adding all the product improvements made by twtr since Jack became official CEO.
getting to be very ineresting
You want to try and make this case now? Since he became CEO there is more good news than the prior 5 years combined.
Mind you I have thrown out many attacks on Jack but to deny what he is doing and has done makes you sound like a fool