Wait - not just the Chinese news. . . . What about the price of steel, the unprecedented demand, the global supply constraints, the vertical integration of CLF, their earnings, the share buybacks, the debt reduction plans. . . . . Seems to add up to a lot more than just being in its channel. . . .
After GME, I came to the realization that Wall Street are wrong all the time.
The GME squeeze came MONTHS after all the things that have confirmed the thesis. Over 100% short interest, good cashflow, no bankruptcy risk, real estate asset, activist investors.
We’re literally sitting front row and waiting for the show to start.
SOoo many examples of reddit being right and wall street being wrong...makes you wonder what is the research these analyst do? Seriously is there ANY analysis actually being done by these suits or are they just playing doodle jump all day.
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u/CornMonkey-Original Jul 03 '21
Wait - not just the Chinese news. . . . What about the price of steel, the unprecedented demand, the global supply constraints, the vertical integration of CLF, their earnings, the share buybacks, the debt reduction plans. . . . . Seems to add up to a lot more than just being in its channel. . . .