IMO, Johnson has zero credibility. He bashed FSLR on numerous occasions on CNBC, but despite his incessant bashing, FSLR went from $11.00 to over $65.00.
On March 10, 2014, Axiom Capital initiated Cliffs with a Sell. Axiom Capital believes declining iron ore prices in 2014 will lead to Cliffs Natural using all of its debt covenants, cutting its dividend further and likely issuing a large dilutive equity deal. The firm started shares with a Sell rating and $10 price target. Obviously, Axiom has an axe to grind. CNBC should not give free airtime to these corrupt bastids to promote their short positions.
Johnson, the so-called Analyst at Axion Capital, said that Axion is shorting X, JOYG, RIO and CLF. Well, about three years ago, Johnson said that FSLR would go bankrupt. After hitting $11.00, FSLR rebounded to over $65.00. Johnson is an idiot! Tim Seymour, who is long Cliffs, put up a valiant defense of Cliffs. IMO, Tim exposed Johnson's stupidity.
When I make less than $1,000/day, my wife does give me lunch! I make my $$ between 4:00 a.m. - 11:30...the long side is not working in this market...is it time to become bearish?
Brother, are you in panic mode? I made a hefty $39.30 today on PLUG. Sold way too early, but I was afraid of getting plugged by PLUG! I was tempted to get some hedges, but decided against that. I do not expect fireworks in Russia's Ukraine. Ukraine belongs to Russia. As you can tell, I don't fall for lies and propaganda by the pressitudes. Not worry about the missing 777 either. They were abducted by aliens!
Salam! Shalom! The market is suffering from a bout of diarrhea - nothing to warrant a frantic call to Mama. I made a hefty $39.30 today. My VXX added some $$$ to ...folio. Should have bought more VXX at 4:00 a.m. today..
Amazing fortitude! Selling is over; shorts are in retreat! Yabba Dabba Doo!
Any war will be fought with plastic G.I. Joe and tanks. Don't worry, be happy! Russia ain't Iraq. Russian Armed Forces do not use flip flops, motor bikes and rusty rifles. Ukraine belongs to Russia. There will be no war....The EU, Ukraine and the U.S. are bluffing. Hit me! Hit me! Hit me!
In other words, we are second to none. Oh, what a distinction! Believe it or not, the potential for a catastrophic short squeeze is a good reason to own Cliffs.
1. No, they should use their own funds to purchase Cliffs' shares;
2. Repurchase Cliffs' shares from the marketplace;
3. Hire a good PR Firm to handle communications and promote the company;
4. Hire a good Lobbyist to advance dormant assets;
5. Update Cliffs' website; and
6. Promote new partnerships with steel/mining companies.
Is it time for Cliffs' shareholders to replace unresponsive management with Robots?
Rio Tinto is increasing the number of driverless dump trucks at iron mines in Australia as it looks to cut costs and enhance safety through automation, according to Nikkei
For some mysterious reason, I could not access the message board after your last post.
This is the busiest time of the day for me. I'll clarify my thoughts later...Suffice it to say, today will be extremely volatile. I do not foresee a major sell-off today. Volatility will be the order of the day. Retail investors are not selling, the selling was triggered by hedge funds. Simply put, U.S. investors are apprehensive about buying at this time. Options/hedges have become a great scam for retail investors. It's a great and dynamic way to lose money when the market is range-bound. As for your picks, no stock is safe in a sustained market sell-off. China will be resolved in short order. China will do whatever is necessary to support growth within projected parameters. Crimea/Ukraine will simmer, but not produce major market panic. Despite bluster by Kerry and his lackeys in Ukraine, Obama has written off Crimea. The U.S. will not go to war over Ukraine/Crimea. Russia is not Iraq. Crimea/Ukraine belongs to Russia, not the U.S/EU/NATO.
You will learn much if you truly listen to Solarmanmike, the great.