Most people could care less if a country is communist or not and this constant need to replace their system with a democratic one is just a waste of lives, time and assets. Just look at Iraq!
You are not alone, based on the number of shares sold. All of you need to take courses in self defense and be able to recognize that you are being held up. Sorry about your loss, but it is like you shot yourself in your own foot.
Emmelt, Musk, Schultz and others feel comfortable in front of the camera and really are experienced at addressing the public's concerns. Very few CEOs are good at this and if LG can't perform, hire a spokesperson that can and put them to work now.
and the stock will move higher. CLF will continue to sell assets, reduce debt, cut cost and generate profits which will drive the price up. Sticking with the fundamentals and ignoring these analyst that have another agenda.
The funny thing about this is that CLF is projected by these analyst to earn money after they have serviced their debt. With the nearest bond due in 2018, how can anyone say they need to recapitalize? $300 million in cash, $1.2 billion in credit facility and $175 million coming in from an asset sale on top of this all. This is just a blatant attack by an analyst, nothing more, nothing less.
We can bring this information forward on Yahoo message board and it gets out to about 15 people. CLF needs to be responsible for addressing these attacks in mainstream media. Someone has to be there to give something more than no comment when asked.
Will lead to huge infrastructure build in Cuba and demand for North American steel. Hotels, commercial construction, cruise ship docks, roads, airports… over 50 years of a US embargo will come to an end. The only sad thing will be replacing most of the vintage cars with new ones.
took the stock price down, but then the stock closed up. The trouble is the media outlets that support the shorts will pile on with CS in the aftermarket to drive the stock down. Then in regular hours, buyers see the blatant errors in his analysis. May be worth the effort to buy within the first 5 minutes of regular hour trading.
The lower CLF goes, they can buy more and lower their average cost. Maybe investors will see this quickly and not give CS much of a window to buy.
WF came out with the $1 target and it didn't effect CLF because it was during normal trading hours where you have buyers. CS had to come out at the close when the sellers would greatly out number the buyers in AH. And they both came out at the start of the quite period where CLF can't really address their statements. And I am not sure if CLF can buy back shares this close to earnings.
Pellet pricing is holding up well.
He was not forced to pull back the bond buyback, he elected to because with the sale of the coal mine he can buy back bonds without taking on additional debt and net more.
To early to say about a buyer for BL, Canadian bankruptcy may net the company more.
This is where the sale of the remaining coal assets will give them the cash to buy back bonds in the open market and with CS saying what they are, those bonds may be purchased at a 50% discount. Imagine the position they would be in if they can cut their debt by $1 billion with $500 million they get off just the coal assets. Then if they can reduce debt by another $500 million through the sale of AP or the Ring of Fire, they would be down to the magic number of $1.5 billion in debt that could easily be paid off over time from the decreased interest payments and tax savings.
The only way to stop it is for the company to come out day after day to defend the company from these unfounded attacks. Look for some positive announcement soon.
Yeah, someone shorted a huge block and sellers took over the AH with no buyers to absorb the volume. Dust will settle, really can't trust AH trades to give you a direction.
None, they have to build cash from continuing operations from the next few quarters. They will buy back long term bonds from the sale of assets starting with the $175 million from the WV coal sale.