hahaha...wow...what a short memory...uh Reagan..probably the best 8 years in the 20th century economically speaking, saved us from Carter's stagflation...except for maybe IKE, oh another Repub. who actually balanced the budget and actually BUILT infrastructure instead of talking about it then vetoing it...give me a break man, read a history book.
LOL, you dimmocrats crack me up, always complaining about how much money Repubs have when Dumbocrats are the highest funded party there is...Obama blew funding records away....as if having money or access there is some kind of crime...if you weren't all complete hypocrites, who constantly bite the hands that feed you, a lot more people might take your policies more seriously.
I hope you're right but if history is any guide, shorts will re-short after earnings and say something like "weak beat".
yeah I had options out there last earnings and I got burned because I didn't sell them back. There is a HUGE premium on CLF options before earnings from implied volatility due to speculation. Take your money and run, sure the potential for it to go up and make even more is attractive, but the risk due to theta, due to speculation dropping and it might even crash again isn't worth it.
CLF beat huge last quarter...stock was immediately attacked by shorts and drove it to sub-5 from 8. This stock has run up before earnings 20-30% a ZILLION times in the last two years only to be re-attacked by shorts and taken to new lows immediately after earnings, so don't get too excited there tiger. When you have a high short interest, many of them do not want to hold short through earning as it is too risky if they get surprised so many cover before earnings driving the price up, it's not a sign that CLF will beat one way or another, it's a symptom of high short interest and risk aversion.
HOWEVER, with the market believing BHPs cut back in production expansion to be a sign of the bottom in Iron Ore stocks...maybe this time is different...maybe.
there are an amazing amount of retail guys that think CLF is a coal company and the stock gets hammered because of it. Stock twits is full of these chumps.
no one is arguing with the PAST....the trend WAS indeed down, they are trying to pick a bottom because that's how you make money on the long side of a stock like this. The way to lose money is be a perma-short and not recognize that trends change.
VALE up 7% on the news but no love from CLF. Shorts will now be the first people to remind us that CLF isn't connected to seaborne IO price as price rises, but while IO price was declining, they were the first to say "CLF doomed due to low IO price." .....can't have it both ways, but they will.
Obummer has increased the debt more in 6 years than Shrub did in 8 and the majority of expenditure by Shrub was TARP which was largely paid back during Obummers admin....get honest with your idol here, all public info on the treasury dept webpage. Your partisan spin doesn't fool us in the know.
I thumbed up both of you guys because you will both probably be right at some point in the history of HIMX stock, the question is WHEN.
and on that bombshell, time to head to the BVI to sail OPB (other people's boats) since I lost all my money on CLF and can't afford my own.
Money can't buy happiness, but it can buy you a yacht big enough to pull right up along side it.
the only way they wont have to cover is if CLF goes under....and I think they are realizing that's not likely.
with deals being negotiated, it's possible they can't do anything or say anything. The shorts love information vacuums on this one too.