Nas site this morning
This is our first post proxy report.
and the plan to sell assets at the right price, these two items makes for interesting speculation, especially after a 20% decline in share price since the post proxy high?
I never thought CLF would trade lower once CAS took control. I wonder if the funds asked CLF the same? CLF promised better results from day one and while we are waiting for news after its 90 day review period it is business as usual for CLF on WS with daily drops in share price and numerous questions as to how and when the story improves.
Is this the same story? Pretty good news. Hurah
ROCK HILL, S.C., Aug. 25, 2014 (GLOBE NEWSWIRE) -- 3D Systems (DDD) announced today its role in the US Marine Corps Expeditionary Logistics Wargame VIII (ExLog). This annual event enables top Marine Corps planners to incorporate new technologies to enhance the Corps' logistics and supply chain response capabilities.
A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=27273
During the event, Marine Corps engineers plan to explore 3DS' advanced 3D scanning and printing tools to rapidly replace damaged parts in the field. As part of the exercise, Marines will repair two key parts of a tactical multipurpose robot, designed to clear a "hot" landing zone of obstacles preventing the insertion of a helicopter. Engineers will utilize Geomagic(R) CaptureTM, a powerful, portable 3D scanner, coupled with Geomagic DesignTM Direct, to create exact CAD models of the damaged robot's components in minutes. Replacement parts will then be immediately printed using 3DS' Selective Laser Sintering and Direct Metal Printing Fab-Grade printers. Once parts are printed, the quality and accuracy of the parts will be checked using Geomagic ControlTM for accurate comparison of the physical part to the original data.
Whereas battle damage would once require military hardware to be decommissioned and removed from battle for extended and costly servicing, this exercise will demonstrate how 3D printing enables engineers to complete the necessary scanning, printing and inspection locally on site, and productively through a seamless digital thread
No rush to sell assets....
Have you ever asked yourself why shorts hang on and WS doesn't buy?
So continue hanging on for however long while the share price withers away because of a fir value argument. Crazy
Nothing has been frozen for 4 months now and CLF trades where she was when the lakes were frozen. Someone has it all wrong, and if it's WS, CLF needs to say so to change the narrative.
If CLf is selling a lot of IO, the stock should be doing better given the changes of the past month.
Tomorrow (I think) we get the new short interest numbers. Any guess if it grew or shrunk?
What in q2 earnings implies they can sell off the excesses for this purpose? Some on this board had suggested that this would be the salvation for CLF management and help them retain ownership of the company - that CLF expensed production costs in q1 for IO that did not move due to weather and would sell it off in q2 for a great ER.
I did not believe that than, nor do I believe it happens now, especially to finance a buyback. There is only so much IO in demand and the excess inventory will not be sold for this purpose IMO.
The proxy is over and stock down. We had a change of ownership and stock is down. They announce a buyback and we question how it can be done and stock is down.
I am so darn tired of this company and the perceptions by WS that CLF is a dead company.
The proxy is over and stock down. Change of ownership and stock is down. Announcement of a buyback and we question how it can be done and stock is down.
I am so darn tired of this company and the perceptions by WS that CLF will die a slow but sure death.
Assuming there is a desire by others to buy the inventory or to flood the markets to sell at depressed prices?
I don't know how they'll finance it, but this will not be the primary driver.
You think FB always go up because....You think the PE in FB is merited because...You think FB will not correct because...
Sorry, but there is a big disconnect going on in a few stocks inside of each of the indexes right now, and I think that FB is one of them, even with their recent earnings reports.
This will not last, it never does. Volume is very low, so we'll see when WS comes back to work in September what they do.
GDP has not been more than 2% for 6 years running. Q1 negative GDP and Q2 positive GDP will net out, with a first half 2014 GDP of 1%ish.
Prior to Q2 S&P earnings there was no revenue growth to report in most stocks. The 7% rev growth in Q2 may be because of the pathetic Q1 period. Do you really think FB current price is merited on it current valuations? We have no idea how balance of year will go. A lot of the stats do not suggest great things going forward, just very slow growth at best. Also look at Europe and its economic declines.
So today all the indexes and many stocks are at life-time highs on what? Hope?
WS may be in one of those crazy periods right now buying the stuff that is rising because there is no where else to park money. The Fed Res does not believe in the recovery being sustainable on its own right now and will not raise rates for awhile.
Traders are buying because of this and this will end. Just can not say when. Even FB is not immune to a declining price.
I would have to agree and am very perplexed by how it is held up on no reasons other than this is one of a few stocks in every index that is getting all the buying interest. I bet half or more of the buyers who are taking this up can not tell you why they own it, other than it goes up every day.
No fundamental reasons for this rise.
another overall low vol day on the broader indexes.
This could be a large part of it, which should stabilize anytime now if that is the only motivation here.
There are traders out their who can and will try to kill this move. They need more than a buy-back to hold any move.
19% since the post proxy high and today they took one step forward with the announcement. tomorrow they sell assets and people will have to take notice, I HOPE.
You seem to be all over the place on this topic. In one post you'll say CLF should sell while in the next post you think they are crazy to sell assets at depressed prices. Look at the reasons why CLF does not rise. Sell the darn anchors weighing them down
WS buys stocks on views of 6 to 12 months out. I do not think they see it in the same way. If they did share this view they would be buying it now but they are not. If they are going to do so, CLF will have to have one heck of an announcement. Odds favor the shorts right now.
The funds gave their support to CAS but the same funds do not seem to be adding shares and shorts do not seem to be covering. Granted August is a slow month on WS as most traders are off, so it will be interesting to see what changes in Septemeber and what changes with the next short interest report
Shorts are going to be in control until CLF fixes the problems. It is not a matter what CLF says, it is all about what they do, and what they need to do is sell those int assets (which behave as liabilities and an anchor around CLF neck).
This notion of waiting for fair value for the properties is what is killing CLF. CLF can not fix anything until they address that, so any media campaign short of that means nothing for the stock price.