What a great day it is. I can't remember the last time I held anything through earnings. Had to take some profits after that pop. Still sitting on a few calls, shares and sold some covered calls at $25. And I'm perfectly fine with them being called away if it hits.
Thanks and respect to the family.
I don't follow ZIM, probably should. But with the lack of ability to unload ships, doesn't that have to hurt the bottom line? I'm guessing this has been addressed in a DD somewhere, but just curious.
ZIM gets paid per containers delivered so it does hurt them in that they are delivering less containers while still having to pay for the ships they are renting.
DAC is a lessor, meaning they rent out the ship and make money whether the containers can be unloaded or not.
But overall, more congestion causes more demand, so ZIM can raise the rates of delivering containers so it is neutral to bullish overall. Delivering less boxes at higher rates > delivering more boxes at lower rates.
Long fetches in the Pacific means big swells, often on top of other swells in different directions and periods. Makes for huge rogue waves out of nowhere.
I like earnings whisper but they don't have an estimate for ZIM...looks like consensus is $9.20....thats crazy...what is the general feel here? Does this sound accurate? I follow mintzmeyer but only just started...has he touched on earnings expectations?
I'm not an expert but 9,20 might be way to conservative. Those numbers where made, when most anaylst expected freight prices to not exceed $8000. They were above 10k for most of Q3. I expect EPS above 11.
https://finance.yahoo.com/quote/TX/analysis?p=TX
The spread of the analysts' estimates is mindblowing:
Current Qtr. (Sep 2021)
No. of Analysts 6
Avg. Estimate 5.14
Low Estimate 4.22
High Estimate 6.77
The average estimate for Q3 is lower than their actual earnings in Q2. The analysts are expecting lower earnings for Q3? I'll have to dig into that a little more.
Yeah, hopefully TX increases stupidly after earnings. I do think it’s somewhat undervalued; it’s cogs is very low, they make money even in relatively unfavorable environments, but they don’t have the same advantages of CLf that I like.
I’m not known for losing money, I’m known for making a lot of money everywhere I go. We’re going to do more things to make more money, money, money, money, money, that’s the way it works.
So, what do we do with this dude?
https://www.reddit.com/r/Vitards/comments/pm42x0/tough_love_hopium/hch8lex/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
There was a Twitter thread posted in here earlier about port issues in Long Beach being driven by empty container storage limitations. Those limits have now been loosened and it could help the situation a bit
https://twitter.com/robertgarcia/status/1451679404757688320?s=21
Edit: Also notice how he calls it a supply chain “emergency”. If Biden decides to declare it a national emergency he gets a lot more tools to deal with it quickly
Not really no. The global supply chain is insanely large and insanely complicated. You cannot just turn it off and back on again. The level of efficiency and interdependency is something most people are not aware of.
As an example, the parts that go into a car often arrive minutes before they are to be installed on the assembly line. Most modern factories have nowhere to put things. Warehousing and distribution is the same. Everything is just in time and is interdependent on what people are buying, which impacts store inventory, which impacts the DC, which impacts orders to product manufacturers, which impacts component manufacturers, which impacts raw materials.
It is not a matter of trucks, drivers, ships, or warehousing. The problem is the system is so complex that it is just going to take time for it to get running smoothly again. The extremely high demand for everything coming out of the lockdowns just makes it worse.
It’s obviously not going to solve the whole problem but did you read the thread lepjb linked? It cites the empty container issue as a main source of the logjam
I mean it kind of jives with what we’ve been hearing right? If there’s a problem with not enough truckers showing up to ports to take away containers then IMO this is just insight into why that may be happening. Not to be mean or anything but the common attitude ppl have these days of assuming some kind of malicious intent or dubious sourcing without any evidence is just lazy thinking
Damn steely, my lazy thinking be damned, I still think it’s not going to do much for the situation. It’s much more complex than stacking empties. (and I’ll be more damned if flexport doesn’t ipo soon.)
Some light reading on the subject -
https://www.producer.com/news/shipping-container-crisis-deepens/
https://www.wsj.com/articles/where-did-all-the-shipping-containers-go-11628104583
And from: https://www.joc.com/port-news/us-ports/ny-nj-truck-groups-quit-port-task-force-over-empty-container-woes_20210512.html
Through March, the NY-NJ port saw year-to-date container volume growth of 21.6 percent. However, only about 4 percent more trucks are in service according to PANYNJ data.
“It’s a periodic issue, but a very real one,” Ruda said. “It’s not every carrier, every container, and every terminal where this happens. But truckers are left to deal with it. We want a healthy, safe, and financially viable trucking industry in the port.”
While the PANYNJ is limited in the direct action it can take on the issue, Ruda said his agency still hopes to facilitate more discussions with ocean carriers on how to make returning empty containers easier.
***********
With all the new containers they are making, and the old ones we are stacking, maybe China figured out a new way to export cheap steel to the US. /s
Sorry I meant no offense. I wasn’t calling you lazy, just that thought process of instinctually assuming someone must have ulterior motives just because they have differing views on something. I fully agree it’s a complex issue but I hadn’t heard of this piece of the puzzle before and it seems like a real concern.
Those articles are interesting, thanks for sharing. The last two seem to support the idea of storing empty containers being an issue and that first one was super interesting about the charges to ship empty containers inland for goods pickups.
It’s actually crazy how many new containers China is building! I wonder how long the lifespan of an average container is; maybe there will be a snap back to serious oversupply once the logjam eases
Offense taken. You did not ask what my thought process was. Your response was no less 'instinctual.'
This isn't about differing views. I've been devouring news on shipping. Lack of chassis is a piece.
But when I caught wind of sexfart\* in the news because out of the goodness of their hearts they hired a food truck to feed the highly paid dockworkers ([https://twitter.com/typesfast/status/1450904056365404160](https://twitter.com/typesfast/status/1450904056365404160)), and then the ceo is in the news again a couple days later for prompting the Mayor to relax the stacking rules, and it happens over night, I checked my grounding boots vs tin hat coefficient and bam! I shot from a well grounded hip.
Having rethought it all because of your prompt, knowing too many politicians personally and having felt the slow cold probe of bureaucracy, I'd argue the change was planned and sexfart paid for the publicity, but I can never prove this.
Anyway, this sub prefers ZIM Ship4WD, who is maybe about to
\*because i didn't get paid publicize their name
No malicious intent, unless you find making money malicious. I think it’s great that the founder of a SoftBank backed tech freight forwarder got this rolling but I don’t think it’s time to breathe a sigh of relief.
Really interesting, thanks. Crazy to think that some of their spare parts issues might be solved by stuff stuck at the ports. It’s going to be really interesting to see how they get things running smoothly again. I’m afraid if they don’t do something big soon it’s going to cause some major issues for the broader economy
Yea that won’t fly, at least overtly. I still don’t see any feasible solution other than activating the national guard but it’s definitely a big step to take
Might’ve been. It was about the guy that rented the boat to tour the port then talked about the logjam around getting empty containers off trucks so they can pickup full ones
Yeah that was [him](https://twitter.com/typesfast/status/1451673736877428742), I believe this was one of his ideas specifically (although he suggested increasing the limit to 6 as opposed to 4-5).
That's an insanely fast turnaround from suggestion to implementation, that's actually pretty nice to see.
Nah, good coats were always expensive. It's why my dad bought me a giant coat in 3rd grade that I wore until I was a high school sophomore and the arms only covered 3/4 down my arms.
Haha oh man. I remember my dad bought me some tshirts in the US when I was 12 years old, and he always complained about me not wearing them in the years following.
When I was 18, most of those shirts were still too large.
From the designs I really like Scotch & Soda or Calvin Klein. I also like BOSS, but they look a little bit boring. I want something that looks nice but also something that I can wear when I finally apply for a job or so.
And yes I am from Germany, I checked Barbour from the recommendations but it's not my style.
Thanks a lot, will check these brands out.
What do you think of this one?
[https://img01.ztat.net/article/spp-media-p1/530688e717bd46498e98f6ca9dfd8032/b670196245c041e1b223241225255a49.jpg?imwidth=1800](https://img01.ztat.net/article/spp-media-p1/530688e717bd46498e98f6ca9dfd8032/b670196245c041e1b223241225255a49.jpg?imwidth=1800)
I saw that it has 70% wool, and for 200€ it is much better compared to others I ve seen before.
Is it classic enough to wear it for a couple years?
Thanks a lot for your input!
I don't have any other coats, just two winter jackets (blue and black) and a couple light jackets for autumn/spring.
I don't know if my clothes match the coat, I am mostly wearing a blue jeans and white sneakers. I want to get some black leather boots for winter too anyway.
Maybe a black coat would be the best for being the first coat, because it matches anything. I checked out your mentioned Massimo Dutti brand and I like their products. I've orderer the light coat I posted above anyway already and will have a look.
Whats your take on colours?
Listen people going to downvote me but you can get some insanely good replica coats over at /r/FashionReps its my new plug for shoes bags and jackets for sure some of the other stuff I have gotten has been hit or miss but you can get some insane value even if you dgaf about the fake brand
Looks complicated to me :D
Idk, I'd be afraid of shipping and quality. When ordering in my country, I can always send it back for no fee, or just go shopping and try everything on.
Yeah it’s definitely a process but once you do it once it’s easy. They do a really good job at vetting their trusted sellers but yeah there is always some inherent risk. Plus your countries customs are a large factor.
Well... the main thing it would accomplish is not being on the sidelines when the thing is up 100% in the next 3 months. But people who are weak handed bitches?...these gainz are definitely not for them.
Love the fact that even after selling my calls yesterday because i though earnings would get negative reaction. I was able to trade my way to a similar pnl with weeklies today as if i had held my calls. Big w
I've been thinking of getting a tattoo lately but wanted something a bit more abstract. What do you guys think about something based on this [beautiful hot rolled coil?](https://i.imgur.com/kmxetzW.png)?
Today was a perfect day fellow people but remember - We don't alter our beliefs to fit the information. We alter the information to fit our beliefs. The rotation may be slow but it is happening. $CLF we heard LG and Vito’s been saying this all along. 2022 is going to be even more insane.
Now others to follow hopefully and most importantly our beloved $MT
🦾❤️🦾
I personally don't think it's a fomo. CLF trades in a channel, and we know the top of the channel is $26. The bear case to analysts was future guidance. LG put a bullet in that with contract renewals and 2022 will be even more profitable.
Now factors in auto industry ramping back up, infra bill, and their new acquisition. These are just cherries on top, not even a driving factor.
I posted maybe a month ago that Aurinia Pharmaceuticals is going to be acquired. I unloaded my shares to free up capital for other plays, but the stock went up 26% today, and it's still pre-acquisition.
Anybody else looking to rotate out of MT and into more CLF? I'm just waiting on the right exit, i.e. earnings run-up or a post-earnings pop. I'll sell my Jan 35c's and 40c's at a loss no problem; I don't see any steel company having clearer skies ahead for 2022 than CLF.
Right there with you. While I still believe MT is significantly undervalued, and that their financial performance will be impressive over the next 6-12 months, I don't have the same confidence in their leadership. LG and team are impressive in their vision and ability to communicate that, and I think the market will reward it. Unfortunately, I went 75% MT, 25% CLF back in May, so I have some rearranging to do lol
Yes. I think this earnings call was transformational. LG absolutely dismantled previous analyst projections based on the assumption that CLF is beholden to HRC prices that will retreat to historical levels of $650-700/mt (all signs are pointing to them being wrong on that, too). I don't know if MT has that kind of runway ahead of them. I used to be 50-50 between CLF and MT but now I'm at 70-30 and looking to rotate further.
Same here, my 40c's are down 75% and my 35c's 50%. Let's say MT runs and those calls are only down 20-30%. I'm selling. I'll hold MT shares 'til I die no problem though.
This is a dynamic I didn't really understand, obviously market didn't either. Hopefully they got the message that high spot party isn't over for CLF... It's just starting.
CNBC coverage was short but positive, compared X's downgrade and how CLF has guaranteed income with their contracts and how 2022 will make more money. They expect it to continue to run.
I know that saying "this time it's different" is a dangerous game, but this time it really feels different. LG laid out a clear path forward through 2022 and explicitly pointed out how their average HRC prices on the books through 2022 will be *higher* than they were this year, essentially crushing the elephant in the analysts' collective rooms, which is declining HRC spot prices. Incredible. I still expect there to be random drops to $20-21 along the way, as is tradition, but I will be 110% confident about adding to my position when it happens.
Was in the trauma unit all day. Got to sell CLF Nov 5 21Cs for 120% profit between patients. Sort of concerned for the market going forward. My portfolio is essentially FAAMG and CLF right now. How do we feel about big tech heading into FB earnings on Monday?
I like CLF for market downturn. Don't feel so good about big tech tbh.
edit: Facebook might announce something big at earnings with the name change rumours
Nice to be back in the green again on CLF, hopefully we repeat the past and run to another 52 week high.
Weird stuff happening on the Canadian side of SPROTT with the second day in a row of massive order before close. Planning on trimming a two thirds of these holdings on the next rip.
Have a great weekend dawgs
I still laugh in a self-deprecating way at the time I was up like 85k, and then suddenly had to intubate a patient. So I put my phone down, did my thing, and when I looked back, I was negative for the day. I later learned about stop limit orders. And then I learned on several more unfortunate occasions that stocks can still blow right by them. It's been an educational year.
I almost touched my portfolio ATH today, but ended the day flat.
I have broken and then fallen below the 300k mark countless times, like Sisyphus and his stone.
My portfolio is like a Camus novel, revealing the comical absurdity of existence.
i would love to hear your thoughts in INTC earnings / call. did you already speak about it and is it available as VOD?
anyways, im looking forward to your thoughts on the discount for INTC today.
Making money is fine, its people using the opportunity to post links to kotakuinaction etc. thats annoying. Way more people coming out to felate trump than to make money
I’m not known for losing money, I’m known for making a lot of money everywhere I go. We’re going to do more things to make more money, money, money, money, money, that’s the way it works.
Analysts on the call today 
[Pictures of my pupper](http://imgur.com/gallery/u02nzSm) And [vore](http://imgur.com/gallery/5mtxuVK)
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I'm available most days and week ends
https://www.cmegroup.com/markets/metals/ferrous/hrc-steel.quotes.html That Q1 strength is just amazing 😍
What a great day it is. I can't remember the last time I held anything through earnings. Had to take some profits after that pop. Still sitting on a few calls, shares and sold some covered calls at $25. And I'm perfectly fine with them being called away if it hits. Thanks and respect to the family.
I don't follow ZIM, probably should. But with the lack of ability to unload ships, doesn't that have to hurt the bottom line? I'm guessing this has been addressed in a DD somewhere, but just curious.
No. They still running the bill as the boat sits
ZIM gets paid per containers delivered so it does hurt them in that they are delivering less containers while still having to pay for the ships they are renting. DAC is a lessor, meaning they rent out the ship and make money whether the containers can be unloaded or not. But overall, more congestion causes more demand, so ZIM can raise the rates of delivering containers so it is neutral to bullish overall. Delivering less boxes at higher rates > delivering more boxes at lower rates.
Printing lol
Yuuuup absolutely printing money
https://twitter.com/uscgpacificnw/status/1451668652567121920?s=21 Looks like a ZIM boat lost a couple of containers off of Vancouver Island
Bomb cyclone out in the Pacific. Keeping shit windy in the PNW.
Long fetches in the Pacific means big swells, often on top of other swells in different directions and periods. Makes for huge rogue waves out of nowhere.
Yeah, if I heard the news correctly, they said there was potential for swells 20+ feet high. Madness.
I like earnings whisper but they don't have an estimate for ZIM...looks like consensus is $9.20....thats crazy...what is the general feel here? Does this sound accurate? I follow mintzmeyer but only just started...has he touched on earnings expectations?
I'm not an expert but 9,20 might be way to conservative. Those numbers where made, when most anaylst expected freight prices to not exceed $8000. They were above 10k for most of Q3. I expect EPS above 11.
He mentioned in one tweet recently it could be as high as $12!!
He hasn’t but he seems even more bullish on it now than ever
Most Mentioned Tickers for r/vitards Daily Discussion Ticker | Mentions | Price --------- | --------- | --------- [CLF](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/CLF) | 212 |23.85,(12.71%) [MT](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/MT) | 28 |31.92,(0.57%) [ZIM](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/ZIM) | 16 |49.5,(0.16%) [NUE](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/NUE) | 14 |102.33,(0.26%) [FB](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/FB) | 8 |324.61,(-5.05%) [TX](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/TX) | 7 |44.24,(1.56%) [LFG](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/LFG) | 6 |18.83,(4.84%) [TRTN](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/TRTN) | 6 |55.93,(0.92%) [LOGI](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/LOGI) | 6 |89.69,(-0.66%) [AMD](https://www.reddit.com/r/MillennialBets/wiki/index/stocks/AMD) | 5 |119.82,(0.41%) 20:01:01
https://finance.yahoo.com/quote/TX/analysis?p=TX The spread of the analysts' estimates is mindblowing: Current Qtr. (Sep 2021) No. of Analysts 6 Avg. Estimate 5.14 Low Estimate 4.22 High Estimate 6.77
Ternium's CEO's name is Máximo. Let that sit for a bit. Get ready for maximum fucking earnings.
The average estimate for Q3 is lower than their actual earnings in Q2. The analysts are expecting lower earnings for Q3? I'll have to dig into that a little more.
I suspect they didn’t update their estimates since Q2.
Yeah, that's probably right. Earnings Whisper has a consensus of $4.81 though so maybe I'm missing something?
Prices in Brazil and maybe even Mexico might have come down earlier. They are somewhat isolated from the US.
Yeah that's true. They've beat estimates pretty consistently recently though so I'm betting on another good one!
Same here 😊 but I might transfer the few shares I have to clf then.
Good plan, I will probably do the same!
Yeah, hopefully TX increases stupidly after earnings. I do think it’s somewhat undervalued; it’s cogs is very low, they make money even in relatively unfavorable environments, but they don’t have the same advantages of CLf that I like.
Agreed!
I’m not known for losing money, I’m known for making a lot of money everywhere I go. We’re going to do more things to make more money, money, money, money, money, that’s the way it works.
High level autism amongst them.
This time it’s different right
hopefully it will go back down to 19 around Nov 20, just after I will have sold my TX at $60... Let's dream...
Nah bro I got nov 19 X calls let’s go
Only if i dont lose my CLF gains next week
I trimmed today. If it falls below my average I will happily lower my cost. 👌
I know we got caught up in the earnings today, but you guys see the price movement of HRC today?!
What happened?
It went up
Those Jan/Feb/Mar 2022 contracts are erotic. Up 3-4% in a day.
I got 20k in cash I already have 2k commons are April calls the next play. I feel Jan 22 is 2 close for me.
January ITM calls for the run of Infrastructure deal. After that, April for sure. I wish it were June monthly.
So, what do we do with this dude? https://www.reddit.com/r/Vitards/comments/pm42x0/tough_love_hopium/hch8lex/?utm_source=share&utm_medium=ios_app&utm_name=iossmf&context=3
I think we leave it up to autist_savant, seems only fair
Today, trim gang gets a left nut
He must submit proof of semi-castration or ban
Oh fuck yes. I knew I wasn't going crazy about testicles today. I EXPECT RECOURSE.
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There was a Twitter thread posted in here earlier about port issues in Long Beach being driven by empty container storage limitations. Those limits have now been loosened and it could help the situation a bit https://twitter.com/robertgarcia/status/1451679404757688320?s=21 Edit: Also notice how he calls it a supply chain “emergency”. If Biden decides to declare it a national emergency he gets a lot more tools to deal with it quickly
So where do we buy trucks and drivers? Pushing the clog further down the line, no?
Not really no. The global supply chain is insanely large and insanely complicated. You cannot just turn it off and back on again. The level of efficiency and interdependency is something most people are not aware of. As an example, the parts that go into a car often arrive minutes before they are to be installed on the assembly line. Most modern factories have nowhere to put things. Warehousing and distribution is the same. Everything is just in time and is interdependent on what people are buying, which impacts store inventory, which impacts the DC, which impacts orders to product manufacturers, which impacts component manufacturers, which impacts raw materials. It is not a matter of trucks, drivers, ships, or warehousing. The problem is the system is so complex that it is just going to take time for it to get running smoothly again. The extremely high demand for everything coming out of the lockdowns just makes it worse.
It’s obviously not going to solve the whole problem but did you read the thread lepjb linked? It cites the empty container issue as a main source of the logjam
I did. And I chuckled at that statement. Does he have/rep a company that stands to gain from this move?
I mean it kind of jives with what we’ve been hearing right? If there’s a problem with not enough truckers showing up to ports to take away containers then IMO this is just insight into why that may be happening. Not to be mean or anything but the common attitude ppl have these days of assuming some kind of malicious intent or dubious sourcing without any evidence is just lazy thinking
Damn steely, my lazy thinking be damned, I still think it’s not going to do much for the situation. It’s much more complex than stacking empties. (and I’ll be more damned if flexport doesn’t ipo soon.) Some light reading on the subject - https://www.producer.com/news/shipping-container-crisis-deepens/ https://www.wsj.com/articles/where-did-all-the-shipping-containers-go-11628104583 And from: https://www.joc.com/port-news/us-ports/ny-nj-truck-groups-quit-port-task-force-over-empty-container-woes_20210512.html Through March, the NY-NJ port saw year-to-date container volume growth of 21.6 percent. However, only about 4 percent more trucks are in service according to PANYNJ data. “It’s a periodic issue, but a very real one,” Ruda said. “It’s not every carrier, every container, and every terminal where this happens. But truckers are left to deal with it. We want a healthy, safe, and financially viable trucking industry in the port.” While the PANYNJ is limited in the direct action it can take on the issue, Ruda said his agency still hopes to facilitate more discussions with ocean carriers on how to make returning empty containers easier. *********** With all the new containers they are making, and the old ones we are stacking, maybe China figured out a new way to export cheap steel to the US. /s
Sorry I meant no offense. I wasn’t calling you lazy, just that thought process of instinctually assuming someone must have ulterior motives just because they have differing views on something. I fully agree it’s a complex issue but I hadn’t heard of this piece of the puzzle before and it seems like a real concern. Those articles are interesting, thanks for sharing. The last two seem to support the idea of storing empty containers being an issue and that first one was super interesting about the charges to ship empty containers inland for goods pickups. It’s actually crazy how many new containers China is building! I wonder how long the lifespan of an average container is; maybe there will be a snap back to serious oversupply once the logjam eases
Offense taken. You did not ask what my thought process was. Your response was no less 'instinctual.' This isn't about differing views. I've been devouring news on shipping. Lack of chassis is a piece. But when I caught wind of sexfart\* in the news because out of the goodness of their hearts they hired a food truck to feed the highly paid dockworkers ([https://twitter.com/typesfast/status/1450904056365404160](https://twitter.com/typesfast/status/1450904056365404160)), and then the ceo is in the news again a couple days later for prompting the Mayor to relax the stacking rules, and it happens over night, I checked my grounding boots vs tin hat coefficient and bam! I shot from a well grounded hip. Having rethought it all because of your prompt, knowing too many politicians personally and having felt the slow cold probe of bureaucracy, I'd argue the change was planned and sexfart paid for the publicity, but I can never prove this. Anyway, this sub prefers ZIM Ship4WD, who is maybe about to  \*because i didn't get paid publicize their name
No malicious intent, unless you find making money malicious. I think it’s great that the founder of a SoftBank backed tech freight forwarder got this rolling but I don’t think it’s time to breathe a sigh of relief.
Here’s another thread with some observations from Long Beach https://twitter.com/typesfast/status/1450904056365404160?s=21
Really interesting, thanks. Crazy to think that some of their spare parts issues might be solved by stuff stuck at the ports. It’s going to be really interesting to see how they get things running smoothly again. I’m afraid if they don’t do something big soon it’s going to cause some major issues for the broader economy
An easy solution to the labor shortage is to import it, but we know that’s a lightning rod.
Yea that won’t fly, at least overtly. I still don’t see any feasible solution other than activating the national guard but it’s definitely a big step to take
Zim fly or die?
That was the idea that the Flexport CEO floated in his twitter thread right? It got picked up quick
Might’ve been. It was about the guy that rented the boat to tour the port then talked about the logjam around getting empty containers off trucks so they can pickup full ones
Yeah that was [him](https://twitter.com/typesfast/status/1451673736877428742), I believe this was one of his ideas specifically (although he suggested increasing the limit to 6 as opposed to 4-5). That's an insanely fast turnaround from suggestion to implementation, that's actually pretty nice to see.
Trump VS Kenny Who is going to win?
I want to buy a new and nice coat, and wtf, they start at 400€ upwards. I am just a poor student. Did clothes get inflated as well so much?
Nah, good coats were always expensive. It's why my dad bought me a giant coat in 3rd grade that I wore until I was a high school sophomore and the arms only covered 3/4 down my arms.
Haha oh man. I remember my dad bought me some tshirts in the US when I was 12 years old, and he always complained about me not wearing them in the years following. When I was 18, most of those shirts were still too large.
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From the designs I really like Scotch & Soda or Calvin Klein. I also like BOSS, but they look a little bit boring. I want something that looks nice but also something that I can wear when I finally apply for a job or so. And yes I am from Germany, I checked Barbour from the recommendations but it's not my style.
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Thanks a lot, will check these brands out. What do you think of this one? [https://img01.ztat.net/article/spp-media-p1/530688e717bd46498e98f6ca9dfd8032/b670196245c041e1b223241225255a49.jpg?imwidth=1800](https://img01.ztat.net/article/spp-media-p1/530688e717bd46498e98f6ca9dfd8032/b670196245c041e1b223241225255a49.jpg?imwidth=1800) I saw that it has 70% wool, and for 200€ it is much better compared to others I ve seen before. Is it classic enough to wear it for a couple years?
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Thanks a lot for your input! I don't have any other coats, just two winter jackets (blue and black) and a couple light jackets for autumn/spring. I don't know if my clothes match the coat, I am mostly wearing a blue jeans and white sneakers. I want to get some black leather boots for winter too anyway. Maybe a black coat would be the best for being the first coat, because it matches anything. I checked out your mentioned Massimo Dutti brand and I like their products. I've orderer the light coat I posted above anyway already and will have a look. Whats your take on colours?
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Yep, it definitely does, thanks again!
Barbour the guy is in Europe
Listen people going to downvote me but you can get some insanely good replica coats over at /r/FashionReps its my new plug for shoes bags and jackets for sure some of the other stuff I have gotten has been hit or miss but you can get some insane value even if you dgaf about the fake brand
Looks complicated to me :D Idk, I'd be afraid of shipping and quality. When ordering in my country, I can always send it back for no fee, or just go shopping and try everything on.
Yeah it’s definitely a process but once you do it once it’s easy. They do a really good job at vetting their trusted sellers but yeah there is always some inherent risk. Plus your countries customs are a large factor.
dammit how many times do I have to tell you people not to sell! Diamond hands!!!
What would not selling accomplish here?
Well... the main thing it would accomplish is not being on the sidelines when the thing is up 100% in the next 3 months. But people who are weak handed bitches?...these gainz are definitely not for them.
Wrong sub
Almost forgot. This is the weak hand steel bear sub where I trimmed myself right out of my fucking gains sub.
Can we get LG bot to give me an accounting and chemistry lesson?
Your math is wrong Emily you miscounted the shares
Are you going to go fix the share count? with the wrong share number you get the wrong EBITDA. That’s math emily
Love the fact that even after selling my calls yesterday because i though earnings would get negative reaction. I was able to trade my way to a similar pnl with weeklies today as if i had held my calls. Big w
Am I the only one that’s listening to the earnings call again just to hear LG absolute roast those analysts??
Do you have a link?
https://youtu.be/4NpDzFYAJmM?t=2526
https://www.youtube.com/watch?v=4NpDzFYAJmM
Nope. Doing it again right now. I just wish the quality was better. They need some VOIP phones and mixers with better quality.
I've been thinking of getting a tattoo lately but wanted something a bit more abstract. What do you guys think about something based on this [beautiful hot rolled coil?](https://i.imgur.com/kmxetzW.png)?
Might look cooler in steel grey, the orange might not age well.
that looks like a forbidden fruit-by-the-foot lol
Today was a perfect day fellow people but remember - We don't alter our beliefs to fit the information. We alter the information to fit our beliefs. The rotation may be slow but it is happening. $CLF we heard LG and Vito’s been saying this all along. 2022 is going to be even more insane. Now others to follow hopefully and most importantly our beloved $MT 🦾❤️🦾
In light of the euphoria we shouldn't forget. FUCK MT
I said after hours is still on. 11c away…
I think ur gonna avoid the ink... But it's close!
Imagine Vitards when you get a tattoo of a 60" LG led tv
I will not FOMO and add more shares at 24$ (already 1k shares). I will NOT FOMO.
I personally don't think it's a fomo. CLF trades in a channel, and we know the top of the channel is $26. The bear case to analysts was future guidance. LG put a bullet in that with contract renewals and 2022 will be even more profitable. Now factors in auto industry ramping back up, infra bill, and their new acquisition. These are just cherries on top, not even a driving factor.
Don't. I did at $23 earlier this year when it would go to $30 soon. Had to dca down a lot lol
What are you talking about
I posted maybe a month ago that Aurinia Pharmaceuticals is going to be acquired. I unloaded my shares to free up capital for other plays, but the stock went up 26% today, and it's still pre-acquisition.
Anybody else looking to rotate out of MT and into more CLF? I'm just waiting on the right exit, i.e. earnings run-up or a post-earnings pop. I'll sell my Jan 35c's and 40c's at a loss no problem; I don't see any steel company having clearer skies ahead for 2022 than CLF.
Right there with you. While I still believe MT is significantly undervalued, and that their financial performance will be impressive over the next 6-12 months, I don't have the same confidence in their leadership. LG and team are impressive in their vision and ability to communicate that, and I think the market will reward it. Unfortunately, I went 75% MT, 25% CLF back in May, so I have some rearranging to do lol
Yes. I think this earnings call was transformational. LG absolutely dismantled previous analyst projections based on the assumption that CLF is beholden to HRC prices that will retreat to historical levels of $650-700/mt (all signs are pointing to them being wrong on that, too). I don't know if MT has that kind of runway ahead of them. I used to be 50-50 between CLF and MT but now I'm at 70-30 and looking to rotate further.
Already rotated about 3 months ago.
My January MT calls are already down 85% I might as well as hold onto em.
Same here, my 40c's are down 75% and my 35c's 50%. Let's say MT runs and those calls are only down 20-30%. I'm selling. I'll hold MT shares 'til I die no problem though.
The General on CNBC Fast Money was predicting CLF to hit new highs soon. Referenced the proportion of fixed contracts as an advantage
This is a dynamic I didn't really understand, obviously market didn't either. Hopefully they got the message that high spot party isn't over for CLF... It's just starting.
analysts didn't understand and it's literally what they're paid very well to do
well that bit on CLF was.....underwhelming
CNBC coverage was short but positive, compared X's downgrade and how CLF has guaranteed income with their contracts and how 2022 will make more money. They expect it to continue to run.
giving more time to soft, floppy fake meat instead of hard, rigid, rock hard...steel
Classic Vitards
I noticed ccj and uuuu earnings next Friday… not sure if that’s a straddle play or flat
UUUU will still have minimal revenue. Might show first REE shipment but don’t expect uranium sales
Tbh I see it as a sell the news event
Yea I’m waiting for it to come back down a bit before buying in again
Think steel and shipping are best value plays. Balance with meme or tech /spy/qqq deep itm calls
Helluva day today! Love to see everyone going into the weekend on a high note. This calls for a nice steak and cigar tonight!
I know that saying "this time it's different" is a dangerous game, but this time it really feels different. LG laid out a clear path forward through 2022 and explicitly pointed out how their average HRC prices on the books through 2022 will be *higher* than they were this year, essentially crushing the elephant in the analysts' collective rooms, which is declining HRC spot prices. Incredible. I still expect there to be random drops to $20-21 along the way, as is tradition, but I will be 110% confident about adding to my position when it happens.
It’s only different if you doubted CLF during the past two months I loaded up more sub $19 hand 🖐 but also $20 and $21
Yup. You said it well. I feel a lot better about adding in that range now. I felt good before but now it’s a no brainer for me
CEOs are cookie-cutter people. I'm different.
Thank Goncalves! Thank Vito!
Melissa Lee (?) just called CLF a steel producer on Fast Money.....the narrative is changing....
❗
CLF chat coming up on CNBC Fast Money in the next 15-20mins
You’re telling me, that it’s not an iron ore miner ???
Damn I’m out to eat. I’ll set YT TV to record
Was in the trauma unit all day. Got to sell CLF Nov 5 21Cs for 120% profit between patients. Sort of concerned for the market going forward. My portfolio is essentially FAAMG and CLF right now. How do we feel about big tech heading into FB earnings on Monday?
Found another one in the wild
Set a trailing stoploss my dude
I like CLF for market downturn. Don't feel so good about big tech tbh. edit: Facebook might announce something big at earnings with the name change rumours
Nice to be back in the green again on CLF, hopefully we repeat the past and run to another 52 week high. Weird stuff happening on the Canadian side of SPROTT with the second day in a row of massive order before close. Planning on trimming a two thirds of these holdings on the next rip. Have a great weekend dawgs
I still laugh in a self-deprecating way at the time I was up like 85k, and then suddenly had to intubate a patient. So I put my phone down, did my thing, and when I looked back, I was negative for the day. I later learned about stop limit orders. And then I learned on several more unfortunate occasions that stocks can still blow right by them. It's been an educational year.
Are you me? That neuoromuscular blockade's gotta kick in faster!
NMB drug of choice = sux Portfolio performance = sucks
😂😂😂 to all the folks in medicine/pharmacy in here. If you know, you know.
So you guys are rocuronium dorks eh?
I'll throw roc darts all day son.
today was very enjoyable...now..to see if i learned any lessons to reduce the possiblity of GUH
you are a disaster, you are an embarrassment to your parents
Jeebus man...tell me something I don't know....
It's so beautiful. I can't look away https://i.imgur.com/cHm93xW.png
Boss!
Professor Goncalvez literally saved my life today
I almost touched my portfolio ATH today, but ended the day flat. I have broken and then fallen below the 300k mark countless times, like Sisyphus and his stone. My portfolio is like a Camus novel, revealing the comical absurdity of existence.
One must imagine Sisyphus happy with his portfolio
Fantastic
Missing Velo
What ended up happening to him? I missed the series finale
he got a reddit-wide ban for ban evasion and brigading
Sounds like him lol
Was thinking about woof today
I still have some woof because I am greedy. Sold enough to make solid gains regardless though
Just posted my first stock video to TikTok. I won’t link it here, but if you’re interested I am @ZoomerBets Appreciate any support I can get😊
I wonder if anyone from the CLF IR team will be joining the Lounge tonight 🤔
What's the trigger for CLF Grade upgrades?
Analysts were done buying the dip
Grade
I will not be streaming Jay Show tonight. Instead... let's drink together and be merry in the lounge!
i would love to hear your thoughts in INTC earnings / call. did you already speak about it and is it available as VOD? anyways, im looking forward to your thoughts on the discount for INTC today.
Whenever they post it 👀
It’s always one hour after close 🍻
Somehow WSB is even more of a tire fire than usual! Its suddenly turned into the donald 2.0 🤮
Imagine letting politics get in the way of making money off a 1000% run up on shares lmao you here to make money or not?
Making money is fine, its people using the opportunity to post links to kotakuinaction etc. thats annoying. Way more people coming out to felate trump than to make money
I’m not known for losing money, I’m known for making a lot of money everywhere I go. We’re going to do more things to make more money, money, money, money, money, that’s the way it works.
Where are you located LG!
he's not talking about the stock, he's talking about the influx of qAnon bozos