This is a great trading stock until 2 weeks before the earnings date.... Then Buy it. I have done trading 1000 to 1500 shares but NOT all of 10K shares.. afraid to miss out on it. But so far its working out well
Good Earnings and cash Flow mean a lot. They can be used to pay down debt slowly after CapEx and SG&A expenses.
I meant also to say Trump is leading Hillary in PA by 1 point, and in OH by 3 points and trails in FL by 1 point. I am surprised how well Trump is doing in these SWING States against Hillary. However, he is behind Sanders in all these states
Its simple as 1,2,and 3.... LG just doesn't get respect from WS and Analysts. They are ready to bash him at every turn, but finally he will be vindicated as more and more positive earnings news come in the next Quarters. Yahoo has upped the earnings to Zero from Minus $0.16 30 days ago for the Q-2 and $0.65 for the Fiscal Year 2016. I am sure there will be further upgrades.
If somehow Trump pulls out the victory, This stock will get to $10 in 6 weeks after his election. Trump is leading in PA and OH and just 1 point behind in FL in the latest polling.
If CLF can report Operating Earnings of $0.62 /sh on a sale of mere 1.9Mil tons of US IO in Q-1, what may be the Q-2 Earnings when they said they will sell 3.5 mil Tons of US IO and IO price is higher than what it has been in January and February and then 12.1 mil Tons of USIO in Q-3 and Q-4.. ... JUST THINK OF IT? CLF may wind up reporting $3 /sh Operating Earnings for full year 2016.
Oht.. didn't you say CLF has turned around and time to buy when it was $3.50 plus. Now you are changing your tune again? you sound like Trump.. changing from one position to another day after day.
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.