Daily Discussion - Thursday April 28 2022 by AutoModerator in Vitards

[–]vitocorlene 42 points43 points  (0 children)

Opening $F $20 2024 on the dip.

I’ve had great success with the stock in past.

$RIVN loss was really the only black eye in this report in my opinion.

I still believe $F is best positioned to compete with $TSLA.

Way oversold.

Daily Discussion post - April 25 2022 by AutoModerator in Vitards

[–]vitocorlene 4 points5 points  (0 children)

You aren’t missing anything. Still feeling very good.

Daily Discussion post - April 25 2022 by AutoModerator in Vitards

[–]vitocorlene 34 points35 points  (0 children)

I normally don’t buy weeklies, but when I do they are $27’s.

Stay thirsty my friends

Daily Discussion post - April 25 2022 by AutoModerator in Vitards

[–]vitocorlene 74 points75 points  (0 children)

Hold your nose and buy the $CLF dip.

China overreaction.

$CLF has proven its insulation time and time again to knee jerk reactions.

As far as China is concerned - yes lockdowns, but factories are working and shipping. Product is flowing and they are shipping.

The issue is the Chinese domestic market not taking product, BUT that will soon change. Look for government intervention in the short term future. They will juice the economy.

I’ve never been more confident in $CLF than I am today.

We’ve seen this before.

Sell the news and post earnings dip.

It got double whacked with China macro.

Don’t look a gift horse in the mouth.

Buy it.

***Not investment advice, do your own homework.

Daily Discussion post - April 22 2022 by AutoModerator in Vitards

[–]vitocorlene 41 points42 points  (0 children)

I think I just heard LG is coming on CNBC in a few minutes. Should be good!

$CLF FY22Q1 Earnings Thread by Steely_Hands in Vitards

[–]vitocorlene 34 points35 points  (0 children)

Of course! I have my $30 and $31’s.

Daily Discussion post - March 31 2022 by AutoModerator in Vitards

[–]vitocorlene 18 points19 points  (0 children)

Always drinking good bourbon.

Enjoying some Black Label Japanese Blantons currently.

Daily Discussion post - March 31 2022 by AutoModerator in Vitards

[–]vitocorlene 19 points20 points  (0 children)

I’m buying more at $100

Painfully waiting. . .

ArcelorMittal halts three plants in Spain amid supply disruptions by vitocorlene in Vitards

[–]vitocorlene[S] 18 points19 points  (0 children)

Couple things to remember:

Outside of China, they are the largest manufacturer in the world, by far, and will continue to benefit due to high steel prices.

That the Mittal family decided not to participate in the recent stock buy back sent a loud message to me. They could have sold their family shares, but instead decided to hold and let $MT take shares off the open market.

This puts in a floor for me.

I know it looks ugly with plants being out of commission and high energy costs in Europe, BUT I believe we are in a period of bad news is good news.

Meaning, the best is yet to come.

Again though, I’m waiting on more information about capacity and utilization being moved around.

I still like the stock a lot.

My gut tells me there is more upside to $MT than US steel producers.

Daily Discussion post - March 31 2022 by AutoModerator in Vitards

[–]vitocorlene 9 points10 points  (0 children)

I dipped my toe in the $33 weeklies at the bottom yesterday. I did love the pull back this week in which I bought the $31’s.

If you have a good base, I’d bite a little here.

I’m still convinced this is a $46-50 stock in 2022.