/biz/ - Business & Finance

Added some more Vale and Cliffs calls

Let's go Cliffs!

I'm making this thread because I keep seeing paper hands limp wristed faggots that keep buying CLF / UUUU at the peak and then freaking out the next day when it drops. If you buy a commodity stock it will whip around whether it is trending up or trending down. Commodity stocks are not for paper hands.

>>24931505

This nigga gets it

Cliffs mkt cap is 1/3rd of what revenue is now.. 17b to 5.5b

Undervalued no matter which way you cut it. Strong hold

only lazy niggers don't hold sentinel

CLF is topping out I think. Better sell everything now!

>>24931553

How is a revenue of 3 billion at this range, isn't nix at 55? With 1b? Tf

CLF and VALE chads rise up

The true bro pairing.. CLF and X had a nasty divorce after X guidance came out yesterday lmao

Fuck X

>>24931692
>CLF and VALE
I see you've diversified :D

buy the NUE dip

>>24931655

Commodities man

Either way CLF PE ratio is only like 5 right now lmao

WELL, I DON'T KNOW, BUT I'VE BEEN TOLD
URANIUM ORE'S WORTH MORE THAN GOLD
SOLD MY CAD', I BOUGHT ME A JEEP
I'VE GOT THAT BUG AND I CAN'T SLEEP
URANIUM FEVER HAS DONE AND GOT ME DOWN
URANIUM FEVER IS SPREADIN' ALL AROUND
WITH A GEIGER COUNTER IN MY HAND
I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
URANIUM FEVER HAS DONE AND GOT ME DOWN
WELL I HAD TALK WITH THE AEC*
AND THEY BROUGHT OUT SOME MAPS THAT LOOKED GOOD TO ME
AND ONE SHOWED ME A SPOT THAT HE SAID HE KNOWED
SO I STRADDLED MY JEEP AND HEADED DOWN THE ROAD
I RECKON I DROVE ABOUT 100 MILES
DOWN A BUMPY ROAD OUT THROUGH THE WILDS
WHEN ALL OF SUDDEN I BOUNCED TO A STOP
AT THE FOOT OF A MOUNTAIN, DIDN'T HAVE NO TOP
URANIUM FEVER HAS DONE AND GOT ME DOWN
URANIUM FEVER IS SPREADIN' ALL AROUND
WITH A GEIGER COUNTER IN MY HAND
I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
URANIUM FEVER HAS DONE AND GOT ME DOWN
WELL I TOOK MY GEIGER AND I STARTED TO CLIMB
RIGHT UP TO THE TOP WHERE I THOUGHT I'D FIND
A HUNK OF ROCK THAT WOULD MAKE IT CLICK
JUST LIKE I'D READ ABOUT VERNON PICK
ON THE SECOND DAY, I MADE THE TOP
AND I'M TELLIN' YOU, STEVE, I WAS READY TO STOP
THE ONLY CLICKIN' THAT I HEARD THAT DAY
WAS THE BONES IN MY BACK THAT HAD GONE ASTRAY
URANIUM FEVER HAS DONE AND GOT ME DOWN
URANIUM FEVER IS SPREADIN' ALL AROUND
WITH A GEIGER COUNTER IN MY HAND
I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
URANIUM FEVER HAS DONE AND GOT ME DOWN
WELL, YOU PACK UP YOUR THINGS
YOU HEAD OUT AGAIN
INTO SOME UNKNOWN SPOT WHERE NOBODY'S BEEN
YOU REACH THE SPOT WHERE YOUR FORTUNE LIES
YOU FIND IT'S BEEN STAKED BY 17 OTHER GUYS
WELL, I AIN'T KIDDIN', I AIN'T GONNA QUIT
THAT BUG'S DONE CAUGHT ME AND I'VE BEEN BIT
SO WITH A GEIGER COUNTER AND A PICK IN MY HAND
I'LL KEEP RIGHT ON STAKIN' THAT GOVERNMENT LAND
URANIUM FEVER HAS DONE AND GOT ME DOWN
URANIUM FEVER IS SPREADIN' ALL AROUND
WITH A GEIGER COUNTER IN MY HAND
I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
URANIUM FEVER HAS DONE AND GOT ME DOWN

>>24931761

can anyone give some insight on FCX? i want to take a position since copper is on a tear and they are big in that industry. I am in CLF and VALE already for a steel play, but i would like some copper exposure too

>>24931761
>WELL, I DON'T KNOW, BUT I'VE BEEN TOLD
>URANIUM ORE'S WORTH MORE THAN GOLD
>SOLD MY CAD', I BOUGHT ME A JEEP
>I'VE GOT THAT BUG AND I CAN'T SLEEP
>URANIUM FEVER HAS DONE AND GOT ME DOWN
>URANIUM FEVER IS SPREADIN' ALL AROUND
>WITH A GEIGER COUNTER IN MY HAND
>I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
>URANIUM FEVER HAS DONE AND GOT ME DOWN
>WELL I HAD TALK WITH THE AEC*
>AND THEY BROUGHT OUT SOME MAPS THAT LOOKED GOOD TO ME
>AND ONE SHOWED ME A SPOT THAT HE SAID HE KNOWED
>SO I STRADDLED MY JEEP AND HEADED DOWN THE ROAD
>I RECKON I DROVE ABOUT 100 MILES
>DOWN A BUMPY ROAD OUT THROUGH THE WILDS
>WHEN ALL OF SUDDEN I BOUNCED TO A STOP
>AT THE FOOT OF A MOUNTAIN, DIDN'T HAVE NO TOP
>URANIUM FEVER HAS DONE AND GOT ME DOWN
>URANIUM FEVER IS SPREADIN' ALL AROUND
>WITH A GEIGER COUNTER IN MY HAND
>I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
>URANIUM FEVER HAS DONE AND GOT ME DOWN
>WELL I TOOK MY GEIGER AND I STARTED TO CLIMB
>RIGHT UP TO THE TOP WHERE I THOUGHT I'D FIND
>A HUNK OF ROCK THAT WOULD MAKE IT CLICK
>JUST LIKE I'D READ ABOUT VERNON PICK
>ON THE SECOND DAY, I MADE THE TOP
>AND I'M TELLIN' YOU, STEVE, I WAS READY TO STOP
>THE ONLY CLICKIN' THAT I HEARD THAT DAY
>WAS THE BONES IN MY BACK THAT HAD GONE ASTRAY
>URANIUM FEVER HAS DONE AND GOT ME DOWN
>URANIUM FEVER IS SPREADIN' ALL AROUND
>WITH A GEIGER COUNTER IN MY HAND
>I'M A-GOIN' OUT TO STAKE ME SOME GOVERNMENT LAND
>URANIUM FEVER HAS DONE AND GOT ME DOWN

Can we consider the VIX to be a commodity?

Cowen rated NUE outperform.. just saying

Whoever said to buy AMRS last night, fuck you.
I went all in, at least I got out before it got too bad so get absolutely fucked fag.
No major loss porn for you trash.

Did I miss the 4U dip?
Where is the new interest coming from day after day, people still processing the REE news or what?

> Goldman is onboard the commodities train

https://seekingalpha.com/article/4395055-goldman-is-trumpeting-new-secular-commodities-bull-market-and-investors-should-listen

It's like we can't lose

>>24931930
>Did I miss the 4U dip?
Probably, I was expecting a bigger one though so I feel like the other shoe will drop after I buy

CLF is getting a nice dip right now.

>>24931775
no insight on copper stocks? surely steel isnt the only commodity you guys are following

>>24932420
>no insight on copper stocks? surely steel isnt the only commodity you guys are following
You know /biz/ only focuses on like 5 things at a time

>>24932420
>no insight on copper stocks? surely steel isnt the only commodity you guys are following
I don't track copper but I will say whenever I see the price target for a stock keep getting pushed up and the price is trailing behind those targets it can't be that bad of a pick. Plus there's never been a massive baseline long term copper price crash.

>>24932517
>>24932629
no problem man, thanks for the advice on steel stocks regardless. i will put a small position in and see what happens. both commodities will do well anyways i think

CLF bros what happened....

>>24933700
>CLF bros what happened....
I literally wrote what happened at the beginning of this thread. CLF bounces around and it is staying within the trend. Prove me wrong

>>24933784
i know, it's just that i thought 13.50 would be the low for the day

>>24933700
>CLF bros what happened....
>>24933784
>I literally wrote what happened at the beginning of this thread. CLF bounces around and it is staying within the trend. Prove me wrong
Don't worry unless it stays down there or penetrates deeper than the last time.

>>24933807
>i know, it's just that i thought 13.50 would be the low for the day
Yeah I bought the dip too early too, desu. No biggy though cause we both bought below the mean.

>>24933888
probably just getting algo dumped with most everything else since its quad witching hour

>>24933822
Dude what does that even say??

>>24933946
>Dude what does that even say??
It says dips this deep happen frequently, are short lived, and the trend is still up although it's slowly slowing down.

>>24934040
Into next week you actually expect a recovery?

>>24933822
I thought this looked advanced until I look at the frequency

guys I don't feel so good.

My portfolio got nuked.

-25% today

>>24931553
>>24931505
dropped by from smg to say that yes I am holding my 4Us and yes I did buy the CLF dip

>>24934171
>Into next week you actually expect a recovery?
Yes, recoveries for CLF from these style of dips on average take 1.5 trade days.

>>24934232
>dropped by from smg to say that yes I am holding my 4Us and yes I did buy the CLF dip
Based timing bro, how close to the bottom did you nail? I f*cked up pretty bad and bought around 13.70 but it will still be green monday.

>>24934300
same.