correct you are. even with the upgrade, stock can't stay above 23 nd continues to hover close to the low of the day. not a good feeling here.
no. even though it closed nicely off the lod, it still closed in the red, which this stock consistently. a weak stock in a weak sector. even if time is on your side, time is not on the side of this company. a high cost producer-if heaven forbid, the price of iron comes tumbling down, this company might not make it. highly leveraged.
not in a million years. despite any and all positive news, this stock continues to sink. pricing is worrying investors, inventory is scaring the living daylights of any investors, chinese demand weaker. just the wrong stock in the wrong sector. and has been for quite a while. this, wlt, anr, fcx might be ok companies but in the wrong space. if investors really believed the economies were going to get stronger, they'd be snapping up these stocks. and they're not.
at now? what does that mean? hate and stupidity, well, I guess they do go together. you've been flagged and reported.
no one knows anything you fool. the drop this morning is the result of a sell ratings put out by Standpoint
deer is an animal seen in the woods. you must mean the farm equipment company, Deere. amazing how many Americans never finished high school.
thanks variation for letting me know I'm not alone. I used to be able to trade CF several times a day but just not that kind of stock anymore. still keeping it on my screen. I just love the way they under promise and over deliver.
to all those people out there trying to make a few bucks either investing or trading...don't ever believe what you read when it comes to people's opinions on either message boards or forums like seeking alpha. people just take their best guesses but 99% of the time, they're wrong. there was no one predicting this kind of move in bbry today. most of the pros had them for dead. of course there is no way to know what any security will do on a day to day basis, but the best advice I can give anyone is to buy things you understand and companyies with a long solid track record with a mgmt team that has a long successful track record......at that company. there is no other way to win in the market. I know; I've been doing this for 40 years.
give me 1 reason why it should be 40? high cost producer, price of iron ore expected to come down, production coming on line in a hurry. this stock most likely to get killed if that scenario plays out.
the problem is not the penny miss. it's the guidance going forward and the fact that demand for underground and surface mining remains weak with weak bookings going forward. However, I've seen this scenario and the market can surprise, although in this case, I doubt it will. I'd be a seller here if the stock remains weak and look again at a later date.