CLF has too many hurdles to cross.. $16.50 is a major stumbling point...then $18 and then may be in $19. all will depend on what Q-2 earnings look like.. how bad or how good?? .Also if Kirsch resigns , the stock price will shot up.
T minus 20 hrs and counting... day of reckoning is almost here. Be prepared . Warning..Warning !!Faint of Hearts, please DO NOT SHOW UP HERE. Ambulance will be standing just outside the Yahoo HQ.
so far 1932 $15 Strike 7/25 weekly Puts and 1532 $ 15.50 Strike 7/25 weekly Calls. so more Puts than Calls . roy you need to pay more attn.
Per my acquaintance there , only 4 persons Know about the Q-2 earnings . and they are Kirsch, Halverson, CFO and BOA. if you believe it!!
The end of pain is near my friend. earnings out tomorrow and meeting next week. This company will be shaken up and we will have a better idea where it is going.
Too much debt. only way CFL's stock can move is on consistent earnings, sale of poor assets and lowering debt ,better efficiency, spinning of some assets , JV or purchase by another stronger company and of course the removal of Kirsch and other unneeded executives.
My source said ..earnings are top secret and only 4 persons have the knowledge of Q-2 earnings until they are released on 7/24....Kirsch.. Halverson, CFO and BOA. Might be a surprise on a plus side???suspense continues for next 36 hours.
roy and solar are posting inordinate messages here on this Board and replying to themselves. We will have to put up with them till the end of the month. Once CASA takes over the Board and control of the company , they be gone. All they do is to BASH CASA and they have nothing to about the managing the company ..Not until after 7/29 when they take over.
And Halverson got $60,000 per day for 43 days in 2013. More than most peoples whole yearly salary. And his Contribution????????????// haha!!