#Timestamp the Arrogant CEO of Cleveland-Cliffs Inc. $CLF
Sam D. Dubinsky: Great. Thanks. Thanks for taking my question. Just in Q3 looks like pricing was pretty good in the U.S., better than I thought based on where spot is. Was there any higher priced carryover tonnage from the first half? Just because I know there was some supply disruption that pushed H1 into Q3 a little bit? And then I have a couple follow ups.
C. Loureno Goncalves: Sam, I appreciate you saying thank you for taking your question, but I'm not going to answer your question, because you already knew everything about my company. You have a $4 price target and you think that we can't sell assets. So I'm going to take the next question. I'm not going to answer you. Next question, operator, please.
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5 comments:
Yet you continue to post Hussman gibberish about a imminent crash. HHHHMMMM.
I think if you treated Hussman the same way this ceo treats a bad opinion about his company, there would be more dignity in your blog. I have deep respect for a ceo who won't suffer fools. As it is, you undermine your own credibility by circulating these silly posts about crashes that never happen and won't for the foreseeable future.
the whydibuy short-term topping indicator is in place...
whydibuy definitely comes out when his portfolio is hurting. I wish we knew what's in it. A lot of energy stocks? Maybe some tech momo that's been taken out back after earnings?
Goncalves is actually a good operator, arrogance aside, but that won't be enough to save CLF when iron ore drops another 50%.
Might be worth a follow up post on this one. CLF hit $3.06 intraday today. Seems like Sam had the right call. Lourenco is long 100K shares at $6 and 200K at $5.
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