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Century Aluminum Company (CENX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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10.92-2.58 (-19.11%)
At close: 4:00PM EDT
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  • d
    david
    wow, this could go either way. 34 m positive Ebitda, derivatives was the issue which is short term, bad contracts. forward statements solid, ramping up with demand. could be green in the am, holding everything, glta
  • D
    Damien
    Where Mr. Gabriel today, nothing to say??? Like I told you 2 months ago, this stock isn't worth anything over $10. And what was it that you called me, a Amateur Tool? Whos the tool now.
    Bearish
  • L
    LAMA
    CENX reported earnings this morning. This stock is sold off huge today and it is so oversold due to the basic
    materials are rather weak today....Because of the sell-off, CENX is currently sitting in the oversold condition and it will rebound big either today or tomorrow. Take advantage of the sell-off, one can start accumulate
    this nice company stock at this deep discounts and waiting for the congress passes the infrastructure bill
    which will be passed very soon.....This is a 14.50 stock before trading today....I see it rebound back around
    at least 13.50 near term....could be any time next week.
  • W
    Who You Want
    I called it earlier today when I said that earnings will be worse than expected. The market expected a loss of 16 cents per share and they came in at 27 cents loss on an adjusted basis. They are horrible and a 10 year old can manage the company better. As I said previously, the stock will tank tomorrow and next week to new 52 week lows breaking below $10 into the low $9's and most likely will capitulate around $7.
    Bearish
  • S
    Sam
    Bought back 400 at 12.31. Thanks MMs.
  • d
    david
    gotta admit, never saw hedges affect a earnings like this. management also messed up on their guidance provided in q1. maybe they are complete liars but the guidance for q3 and q4 was the best they had in decades and I do think adjustments were made to contracts and production. given that, I am not panick selling and adding here. market has an appetite for metal producers and demand is crazy. glta
  • d
    david
    aluminum trading today at 1.17 a pound. last year averaged at 78 cents.
  • A
    Andy
    Terrible results from CENX. Estimate was that the would lose 22 cents per share which seemed like a soft, easy, low target which they should have been able to beat. Unfortnately CENX came out with a quarterly loss of 27 cents per share. This is also worse than the prior year when the pandemic was surging and everything was shutdown. A huge miss. They've missed on 3 of the most recent 4 quarters. Terrible management needs to go.
    The drop in the stock price today proves it.
    Bearish
  • G
    Gabriel
    I bought back my options at $15 strike for August. Riding 12,045 shares now into ER. This thing is gonna go to $19 by end of year if not sooner.
    Bullish
  • W
    Who You Want
    By tomorrow Century will be in the $10's down 30-40% since yesterday. What company can continue to lose money while having the highest LME prices in 15 years? This stock is getting crushed and will continue lower to $7-9 while all other commodity stocks continue higher. Management clearly doesn't care about turning a profit, and cares even less about their shareholders. It's only a matter of time before they announce bankruptcy. Be very careful investing in this stock. Today it will close in the $10's, tomorrow in the $9's, and next week in the $7's.
    Bearish
  • G
    Gabriel
    Interesting open. I was expecting about a 3-5% run up before ER.
  • A
    Ace
    Will hit 10.65 and then settle
  • W
    Who You Want
    Here come the $10's in the next few minutes the stock will hit the $10's. I thought we will see $9 tomorrow and $7's by next week, but I might be wrong. We might see $9's today. Biggest stock decline for Century after any quarterly ER report. The stock might end up down 25-30% today! This is sinking quicker than the Titanic!
  • d
    david
    adding back the shares sold last week. gotta good feeling earnings blowout
  • C
    CFH
    woof. glad I sold calls at $12. last week
  • G
    Gabriel
    Update: with the rebound, option premium for Dec $17 strike calls is roughly $7398 for my position. Going to keep waiting until about 12.50 before i sell them. Should net roughly $10k or a little more for waiting on this baby to rebound.
    Bullish
  • H
    Henry
    Waiting for $6
    Bearish
  • t
    tony
    Buy at discount
  • G
    Gabriel
    Im going to wait until it recovers to $12 and then sell Dec21 calls at the $17 strike. Currently i can get $4920 in option premium and if it hits $17 strike by then, ill make an additional $28,046.

    But like i said, i think it recovers back to $12 range before earnings and then i'll lock some money in through call options.

    For reference i have 12,301 shares.
    Bullish
  • S
    Sam
    Sold those 700 trading shares I held for 14.55. Thanks MMs. Also enjoying gains on the other shares I am holding :)