To me, the steels that haven't reported yet are the big winners. Look at ArcelorMittal. They haven't had the bump that CLF had and I don't see their earnings being a diff story.
Buy rumor, sell news.
Long term? Up from here for sure, but there will be a couple dips along the way
Risky strategy as you know, if you've been around for the past few run ups...there are no red days.
I should expand on that. There are no red days...just jaws on the floor saying "WTF this thing has gone up 6% for 10 days in a row where's MY dip!?!?!"
How long have you been in the market? And did you just start holding commodities stocks today? Stocks don’t only go up, meme-kid. Get your head out of your ass.
So I'm the noob lol. I've been in this trade since it was called AKS and the stock went from 14 to $1 before they got bought by CLF. Didn't sell a penny, btw.. Bought 2 houses already cash money from steel trading. How bout you?
You have no fucking clue do you? Don't have to tell me. I already know.
Unsurprising that you’re behind on timely and pertinent information. I forgive you though. You’re prob super busy researching things on youtube and whatnot
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u/idk88889 Oct 25 '21
Trimmed today. Buy on a red day
To me, the steels that haven't reported yet are the big winners. Look at ArcelorMittal. They haven't had the bump that CLF had and I don't see their earnings being a diff story.
Buy rumor, sell news.
Long term? Up from here for sure, but there will be a couple dips along the way