solar can only tell you any good stocks ONLY if he can differentiate his head from his Hole. So forget it.
Yahoo reversed it back to $0.62 E. for Q-1 and expects Q-2 E est.. to be minus $0.01.. an improvement over Minus $016 E. Est a month ago. .
The Month of May has NOT been good for stocks so far but this LOSS IN THE SP of CLF is Ridiculous. Shorts are Smiling and in Control for now at least.
This POS CLF has been dropping since it hit $5.40 on 4/29.. now @ $3.02. How LOW it will go? Whats
going on? I had been out of town for last 4 days and missed all the fun. LG better do something. I hear SB IO is down 6% today.
Drapkin and CASA bought CLF shares in 2014 for $25/sh and Drapkin now dead and CASA sold them for around $4....that is like 80% plus loss. But they did one thing good. They made LG the CEO after winning the Proxy battle.
Casablanca sell its entire stake of CLF shares They have been doing this for last 4 days and hence the loss of 20% in 1st two days , and then 13% yesterday and additional 5% today. We should see it green next
week as CASA is now out of CLF shares.
a.true.. darn it!! I was counting on that great Steak dinner in Cleveland., But it must wait now till CLF goes to $5 again and HOLDS There. Hope SP bounces back tomorrow . Have a nice day!!
Dividend will NOT be eliminated. It may be reduced by 40% to conserve cash. Dividend will be still good and STX will eventually cut cost drastically by eliminating thousands of workers like HP did to bring earnings in line with sales and margins.
No solarman is NOT Oht. I knew Oht well here. Though we differ on our views drastically about CLF, atleast unlike solarman, he tried to make his point why he is bearish on CLF. solarman on the other hand is just a joke , trip and moron...as simple as that.