I love coming to this chat board just to see what this idiot ohtaegun posts. It makes my day. Today, another classic idiotic post for the record books.
But it also makes me understand that I need to have sympathy for those who are mentally disabled. It is a horrible affliction I am sure and I should have some compassion for the poor old guy ohtaegun.
Good catch to see that the 2018 bond price as shown on Morningstar had declined sharply. I think that generally these bond prices are not accurate as the market for the bonds is small and illiquid. I also think that either the 2018 bond price when it was at $87 was too high or that the current price at $70.9 is too low. Probably a combination. I do not attach any significance to the change.
You are absolutely correct. The only reason the shares recently fell from $6.50 to $4.05 on no news was because the short sellers shorted 5 million shares into the market in a 5 day period. Then all the bozos naysayers on the chat board scream how CLF is going to zero, the new CEO is doing a lousy job, the iron ore price in China is bad, etc. All because the share price fell. It is the shorts pushing down the stock price with their huge sell short market orders and then after the stock falls because of their own selling, they pat themselves on their backs saying how we knew the stock would go lower. It is like a broken clock that tells time correctly twice a day.
Dude, you meant to say that you do not get to phack your dog today. Your dog sees that CLF shares went from $4 to $4.80 so you are out $12,000.
The short sellers in CLF are simply pathetic. The short game is so over. Sure, the shorts knocked the stock from $6.50 to $4.05, but that was only because they aggressively sold 5 million shares short into the market in a 2 week period during a general stock market that went off a cliff. Any stock would have fallen in such a situation. It has no bearing on anything. And those 5 million shares sold short were bought by long players who were happy to oblige. And then CLF shares go from $4 to $5.40 in a day or two in a stock market that fell over 300 points more. The short term price action is all noise and simply the shorts jerking themselves off. I will make a gentlemen's bet with anyone that those 5 million additional shares sold short recently will generate losses for the shorts. Looking at the trading volumes and prices, the shorts slammed the 5 million new shorts into the market at prices from $5 to $6, for an average probably at $5.50. Well, CLF shares were at $5.40 yesterday so things were not looking so good for the short sellers, especially since the market was down huge. The shorts are getting a momentary breather here with the stock at $4.80, but it will be ugly in the end for them.
Dude, I finally figured out what your problem is! Not sure why it took me so long to understand why your post like a complete moron. You have been spending so much time under the tanning lamp that your brain is fried. Solarman, do yourself a favor. Stay out of the sun and away from the tanning salon.
Collectively, these above three posts are rank as some of the most idiotic and useless I have ever read. This clown skittle says "everything right now is against CLF". I guess he was a buyer at $110 when everything was great for CLF. His stupid comment reminds me of the famous story when a CEO at an investor meeting said to the audience, "things for our company could not be better". A prominent investor got up and fled the room, telling his buddies that he was selling his position immediately. His friends said "What? You are selling? You must be kidding?" The investor responded "If things can't get any better, then they can only get worse". So here we have the moron skittle saying "everything" is against CLF. I simply read that as his saying it can only improve from here. There is nothing more that could get worse. Regardless, these posters are complete morons.
I knew the moron freewilly would not be able to keep it in his pants when Apollo announced marginally weaker results than what analysts projected. Of course he has to immediately crawl out of his hole to make some stupid comment about ESI (which provides different educational programs than Apollo), without any analysis in the least of what Apollo disclosed in its press release. No analysis or thought what's so ever. Nothing. Just some ridiculous comment about ESI share price dropping 5,4,3,2,1. What an idiot.
Of course, the fruitcake freewilly did not have the nerve to make a single comment about the ESI 8K filing just the other day which had excellent news re ESI. Not a word about that. But, he sure gets on the soap box when a company totally different than ESI had some news that took that company's share price down.
As I said before, this clown freewilly is so predictable. It is always the same. No added value. No analysis or thought. Stupid posts only when the situation serves the need of his short position. This is clearly why everyone knows that this guy is a total loser.
Not quick enough???? you are a total dope and have no idea how much time business matters such as sales of business or exchange offers can take.
As usual. More garbage from the resident idiot othaegun. CLF shares down from $6.75 to $4.05 in a week on no news and oht does some kind of weird victory lap, and then he posts on and on how shares are going to 3,2,1, etc. He never posts anything of interest. It is all some baloney how the stock price will go up or down on any day. Never anything insightful or fundamental. Totally pathetic.
The price of the 2018 bonds have a yield to maturity of 9.1%, which is roughly what CLF just priced its 2020 notes at. That indicates that CLF 2018's are being valued as it they will be fully paid off - ie no bankruptcy. That is what the market is telling everyone.
You are a frigging idiot. Take you day trade profit and go somewhere else. CLF does not need someone like you on its side. CLF needs investors that see the value in its business and understand the progress being made to create a much more valuable company. CLF does not need another clown on this board telling everyone to bail after the stock moves $1 in one direction or the other.
Are you kidding. Hedgies reloaded??? They just shorted another 5 million shares in the first two weeks of March!!! You are way off base with this comment.