who cares? Since when has CLF traded in lockstep with the broad market?...if you want market returns go buy into an index. One of the advantages of CLF is that is doesn't trade in lockstep with the broad market...potentially a good play in a bubble market.
this is the second stock I've been pummeled in due in part or in total to Canadian government obstructionism or tax BS. Never again will I invest in Canada.
agreed! this is one of their core responsibilities in management it so make sure you're on the level with local tax BS to protect shareholders. These guys should all be canned if they are found in violation of some blatant tax law.
I would suggest not looking to politicians for salvation, they are not gods, although I'm sure they'd like to think so.
TSLA is a politically correct subsidized glamour stock idolized by nuveau riche NIMBY environmentalists and technophiles, you just aren't going to get that sort of sex appeal out of a stodgy old mining company, regardless of its long term prospects and undervalued stock.
I see a yellow breasted parrot teacup with a backhanded reverse wing-ding, you just gotta go out to the 10 year chart on a one month interval.
no correlation, it was going down from $70s-80s to mid-20's before casa ever showed up.
um...internet drove the economy during Clinton...internet was developed by cold war military spending under Reagan....don't get too excited about Clinton he de-regulated lending standards and set the stage for the housing bubble over a decade later. In fact, attributing present economic conditions to present Presidents shows how little you understand about the history of economic policy, it's effect, intended or unintended and the length of time it takes to see them, if they have any effect at all. Statists grossly over credit government with economic conditions regardless but they usually take 10 years or more to start seeing results in such a large economy.
This price action is expected when a fat annual divvy is paid out.....run-up to ex-divvy as shorts cover and short term longs buy stock to collect it...then sell-off after payout. People looking for reasons in the news are over thinking it.
SLW needs to play hardball like Intel did with Oregon Gov.....when Oregon started jerking Intel around with tax and regulation, they said, "We'll just pick up and leave and take all of our jobs and money with us and turn Portland into a ghost town." They weren't bluffing and Oregon blinked.
Sentiment: Strong Buy
he sounds like he acknowledges the influence china and Euro junk is having on markets and this sector..this is a good long term hold here. pays divvy and decent covered call writing...no where to go but up long term.