surf... in the final analysis all will depend on what their Q-2 earnings will be. WS is projecting a loss of $0.12 but I think LG will beat it by a land slide. I estimate they will be close to $0.25-$0.30. What I don't like is Shorts control the trading in this stock and LG has a lot more work to do about selling the coal mines and what will happen to BL mine stuff.
last 2 QTRs great Earnings didn't do much for shareholders and hope it is a charm for the 3rd time.and the CC is positive with more substance.
sorry you didnt watch the full game ,.. It was Thriller. and King James and Cavs won..lol
Thats why 74 mil shares are shorted ? They are all morons? Bite the bullet and accept the fact or you don't want to hear anything. LG has done what any New MNGT Would had to do or it would had been bankrupt. You are the one pathetic idiot who comes here once in a while and try to spread a gospel . Sometimes truth hurts. No One I repeat No One has More interest in CLF doing better than me. I have some $135K tied up in this POS stock. This discussion is OVER .
I have all the statements of CLF and many other companies including Vale Rio and BHP and more and worked closely with a CFO of my company . BTW Cleveland almost threw away the game after 20 points lead and were very lucky to win. GO LeBron!!!!. Cavs need to win on Thursday nite to have any chance for the Championship
thedeathrace.. you come here once in a while and put a few posts and then disappear for 3 to 4 weeks again and then tell a great story about CLF but a lot more is needed for CLF stock to get out of a single digit.
LG has done a good job primarily by cost cutting and reducing SG&A but inherent problems exist and are Not being answered like Sale of non-core assets , BL resolution , perception of CLF on WS , Buyback he promised and APIO which was struggling but better now.
You come here once in a while and then bash people who post some constructive criticisms dont help much. So just go away for another 4 weeks . We are here day in and day out. I have actually spoken to LG
I have been waiting for what you are saying for a long long time. I am NOT like Solar or oht but someone has to present constructive criticism instead acting from sheep herd mentality. Q-4 and Q-1 earnings were great but Shorts will not step away until debt is reduced and several things LG said about Coal mines out of Business ledger's P&L books and buy back of shares with a loaded gun are now empty promises so far. . I live in Cleveland suburb and know something more about CLF and I don't hear great stuff. On top of that The IR Dept is totally inapt and should be cut by 80% or closed down. Huge Shorts are directly related to a huge Debt to MkT Cap ratio and shorts will not go away until that will be reduced at some point I hope . I only have the best interest for CLF but NOT going to walk in any discussion totally blindly. D/MC ratio of 3X is huge and Shorts are saying CLF doesnt have the ability to pay off debt unless BL is resolved and Coal mines
yea yea.. Dont give me that #$%$. You DONT Know HALF OF IT AS YOU WERE not HERE LAST JULY.. I am still holding 10K shares and getting tired for no resolution on a lot of things. What LG did would had been done by any new MNGT since there was no OTHER choice. What is wrong here is that they took control on the pretense that they will sell all non-core assets as soon as they take control of the Board and MNGT except USIO assets and hammered about how the past MNGT destroyed 85% of SH value from $102 to $16..and now we are at $5 .Do the MATH.
thedeathrace.. get the facts before you open your mouth and you don't know much about what went with CLF in mid 2014 . CASA begged and begged to get SH Votes to replace the Board and we put confidence in their ability and NOT much achieved in 10 months since they took control and stock down 70% more.
LG doesn't come thru on asset sales or Share Buyback while he boasts that he has a loaded gun next to his bedside and will use it any time he thinks neccesity arises....... meaning buyback of shares if very low.. what is he waiting for .. for going down to $3?. He hasn't come thru on buybacks or asset sales . except a lots of hot air...lol!!
We will NOT know any thing about ECan mines until july16th when any sealed bids may be opened. It seems like an eternal wait wait and more wait. LG and his MNGT in charge of CLF for 10 months and NO real breakthru except the Cost cutting of CapEx and SG&A while Interest Expenses went up. Since then this stock is down from $16 to $5 almost down 70% under LG.. Not much to write home about.
oht.. your eyes are seeing crooked...must be cross-eyed!! Minimal downside risk and big upside potential.
my price is well under $40 and not worried but how long the SH must suffer with Costolo's shortsighted MNGT and poor execution or this stock should be trading between $45-$50.
Yes its his fault. This company has a potential to surpass even FB if done right. Every one is twitting, and Costolo could had capitalized on it by working on getting more 1.)users, 2..) advertizers, 3.) revenue 4.) earnings,5.) new ideas and other novel Apps.,6.) cutting frivolous cost and streamlining operations from his direct and supportive and back up employees instead him getting on CNBC and laughing haha and hehe .. whata jerk.and NO MNGT !!
Very soon. This MF has done such a poor job and has already destroyed this great brand Company. Twitter name Logo and Brand itself is worth $10B and company is worth $45-$50 per share.
There is always A buyer for every asset but LG wants some thing like $400 mil for 2 coal mines. He can easily get $200 mil and use it to buyback 30mil -40 mil shares of the Company, and it will be blow away Shorts and stock will be over $8 atleast.
Working on a deal for a life time? LG is shooting from Hip it seems to me.