What support data? lower sales for Q-1 due to frozen Great lakes? How you and roy going to justify when Q-2 sales are just as bad ..like down 15%-20% ... too much rain...workers could not load ships because too hot weather...or??????????
I have respected your stats about the company here but lately I have my doubts as you have been wrong time after time. Just remember how bad I want to see this company succeed as I have invested heavily and want to sell 80% or more of my shares when stock gets to my price of $22 or above. We will see next Monday in AH. I think its too late for the present MNGT. Come July 29, CASA will take over..IMO
Price is down 86% from its high. How LOW you think all these shorts will drive down..surf? 95% ? that will be like what Kirsch did to Ferro Chemicals. you happy? then load it up?
surf..its sad to see you have become like solar and roy and endlessly trying to justify whats wrong with CLF and how they will or can fix it and keep DEFENDING them. Tts about time that you realize that its the WHOLE COMPANY's MNGT and especially Kirsch's.. I have been trading stocks for 40 yrs and have never seen anything like this and worse yet people here blindly defending them with all your stats that are full of HOLES. The change is coming.. come 7/29 . you bet on it!!
Just like your #$%$ is frozen roy? You have NO knowledge of the company or you don't read any intelligent posts by others and tooting your own horn endlessly.
Listen.. this stock has lost 86% of SH value under Kirsch and his cronies and you still want them back here. Either you are crazy,, shorting, or work for Kirsch and wanna save your butt. NO other reason.
second, you say their sales were down 20% in Q-1 because of frozen Michigan lake. Fine!! The Value Line( I hope you know who they are)predicts their sales for Q-2 will be down18% in Q-2 and what do you attribute it to? if they are what VL says you think it may be due to too much rain, hot weather ,lazy workers or any other whacky ideas you may have.
What a joke you and solar have been here ever since you both appeared here . Now listen to me its due to the TOTALLY Lunatic management of Kirsch and his gang. At any other company they would had been thrown out like stinky bones and replaced a long time
ago. It will finally happen on 7/29 for CLF. So take a hike and get lost...you moron!!
divine..why you bother what surf says. The Idea that the company or CASA is paying bashers to post messages here is so ridiculous , and a total nonsense. CLF or CASA don't even know any of these posts exist. They are too busy with their own huge problems about how to save their #$%$. Not only surf but solar and roy are all posting junk stuff here.
I am also sorry I invetsted heavily in this company and hope that if CASA takes over I get out with a little profit and NEVER look back. It will happen only if CASA takes over the Board and the control of the company. This company under Kirsch and Carraba lost 86% of value and many here still want them back. Give me a breakl. Vote for CASA . They will get CLF to $30 and we both can get out and NEVER look back.
CLF is now @ $15.90..under $16.. Rumors must be subsiding. Don't really know whats happening here. We need some clarity from CLF or CASA or both
Any thing is possible. Tthings are in a total FLUX there.... could be earnings.. or all-to-gather Kirsch's resignation from the company... CASA winning or even outside buyer...or even announcement of sell of some assets by CLF
No.t, but now it might happen. Hey.. .so many freaking rumors are flying here. Don't know what to believe. People there are besides themselves. The PLOT seems to get thicker.
CLF and Kirsch keep sending OPEN letters to save their butts .. telling CASA Plan to sell assets will destroy the SH value. They have the Audacity to say this after they have destroyed SH value by 86%? what a freaking JOKE that is.
Not @ $60k per day. CASA will remove him as he was brought in by Kirsch as a SPITE to oppose GonCalves CASA had recommended for the CEO position.
No announcement. CASA is NOT budging. They will get the control of the Board and kick out Kirsch and Halverson ( remember he was paid $60K per day in 2013 for doing nothing, and SH had ENOUGH )and hence stock is Rocketing. Once CASA is IN.. stock will .jump to $22-$23
With CASA likely to taking the Control of the Board and the Company's Operations next month.
They will sell the non-core assets and get the best price
They will lower the debt form the proceeds of selling of these assets or spin off them in an IPO
They will cut all kind of cost including huge compensations for Executives
They will pay more attention to domestic business and improve it and will not have to compete with Seaborne IO prices on a daily basis.
They will increase Cash Flow and profits significantly, and pay out more dividend.
The CLF stock price can get back to $30-$50 region, and happy days will return for Longs.
We have so many idiots posting here w/o any real knowledge and history of this company and how badly its been run by Kirsch/ Carraba over the last 3 years and destroying 86% stock value, and these idiots are blaming CASA for all CLF's problems .
Its time for this company to sell non-core assets, get financially stable and may EVEN become a more domestic and profitable than rather being an INT company and compete with big boys like BHP, Vale and Rio. The stock deserves the price of $30-$45. Kirsch needs to go immediately from what my buddies say at the company.
Its too late to compromise. Most of the Gold proxies are IN. All indications are likely that CASA will get at least 5 seats on company's Board and with the help of one of CLF Directors, may take the total Control of company. WS recognizes this and hence the stock is moving up
All Longs will be eventually some thing to cheer finally. Go LONGS!!