It never ceases to amaze me how analysts Always jump on the bandwagon after the fact. It's like the
meteorologist who predicts rain after the downpour. Wall Street and Mother Nature have a lot in common.
Both are highly unpredictable and the analyst and meteorologist get paid very well for being wrong at least 50% of the time.
Speaking of STEEL which iron ore is a major component, China is on the verge of a major
financial and housing bubble the likes the world has never seen before. If you watched 60 minutes last night you should unload this POS as the vacancy rate on buildings is beyond comprehension. These so called cities are ghost towns and this house of cards will put the U.S. housing bubble to shame. China is like an NBA basketball player with a multimillion dollar contract. China is new to capitalism and the NBA player is fresh out of the ghetto with no monetary or financial skills.
Look what happened to Japan, China is next and it will have a domino affect on us ALL.
The only possible dirty laundry yet to air might be the lowering of the dividend and that would be cause for the stock to drop but only temporarily. CLF is a long term play here not a trade.
UBS downgraded Huntsman due to recent share strength. Price target raised to $18 from $16.
This is laughable!!! Once a #$%$ always a #$%$. These large brokerage firms basically have a license to manipulate and control price fluctuations to enable lower entry points and higher
selling points. Where there is $$$ there is thievery. Time to buy on dips as there really is no resistance until $20+- IMO
Lookin forward to being 21 and then who knows what....
Sentiment: Strong Buy
Very quiet since HBWT, oily, Lind and the merry band departed to other message boards.
Come on Naomi how about a Run Hun
Good volume and breaking out of resistance at 16.50
The only poster that was unbiased and worth while on this board was HBWT.
It certainly isn't the value of this stock. As stated before it gets NO respect
much like Rodney Dangerfield. Well Naomi the tortoise beat the hare.
Crawl HUN Crawl
You obviously forgot about my previous post. I SOLD all my VRTX took a profit at 61 long term and then offset it by taking a significant loss today at 42. Pretty much broke even. Peace of mind being out of this downward spiral for now.
good luck chevy, hope your malibu doesn't turn into a lemon. Two blockbuster drugs
and the stock is like poison ivy... everyone is itching to get OUT.
I sold my LT shares at 61 and just unloaded short term for a loss to offset those gains. I can't
stay aboard this sinking ship any longer. Better places to park my cash even though Obamanation limits one's investing strategy.
to Fall Off the Fiscal Cliff:
Then WHY does the heading of the article say 100% sustained and most of the analyst are touting this as fact???