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Looks like I will at least double my money on this stock. Should go to $45.00 + I only bought one share @ $20.00 a while back LOL.
X is now closer to $50 than $5. What say you now with a bidding war going on ?
It's worth $5! If you want to keep it going, it will suck every last dime you have. Best to let it go BK with the rest of the Union Scum shops!
The late April 2023 conference call. https://seekingalpha.com/article/4597811-united-states-steel-corp-x-q1-2023-earnings-call-transcript
the americans do not care about X, the same way they don't care about anything except getting "free stuff." X has a 5 billion dollar market cap, and in 18 months or so, will have a 50 dollar book value....gimme a break. The stock is a ridiculous steal esp. with Big Bend coming on line, churning out well over 1 billion in free cash flow..............Yup, you are looking at 4.50 earnings at a minimum, per share from this new project alone. ...My view is X will generally make in this new age where steel is a must, at least 10 bucks a share, and with a 6 PE is worth 60.....and this in part because there is no way on god's green earth that China will be permitted to sell underpriced at cost steel in america any longer. Not a chance. even biden and his pack of nutjobs gets this point.
With its diminutive market cap, its massive earnings, its NO DEBT at All basically, U.S. Steel should trade like a tech stock in the most favorable environment imaginable. This is gonna happen the next 2 to 6 months. We are talking ZOOOMM ..!!!......a Ridiculous low PE.
finally got it right. About 9 months ago, I made 1.8 million on this sucker...and then walked away, selling it at 32.5 only to see it collapse while I was wasting time in other non productive areas, except for biotech where I have done well...........but continuously losing my azz on gold stocks and shorting the market. Anyway, I covered my spy shorts first thing this past monday morning and actually premarket, and said screw it buy X again, and let's see, so I covered my 6 million short spy, 16.7 thousand shares....making a small profit of 20 Gs, and bought millions and millions of X avg price 27.7...added to it this morning on the opening dump, topping off my tank, and it looks like once again, this is gonna be a gangbuster investment. We may well be in a new baby bull market, in which case X will be 55 bucks inside of two years. What is gonna get the pension funds into it in droves will be the pristine, old fashioned balance sheet, the lack of any debt almost whatsoever, and all the money it makes, and the ramping up of the dividends to 5 to 7 percent annually, .....this is gonna be a massive winner if we get no recession, or only a mild recession.
love the chart, love the fundamentals....dirt cheap, best fundamentals in the sector. In 5 months the war will be over and Ukraine is gonna need a continent's worth of steel to rebuild, and guess what, the largest steel factory in euorope in eastern Ukraine is now gone completely, as it is being leveled to bring in tech invesetment park....so where will europe be getting the steel to rebuild Ukraine? Exactly, X has its business right next door. The american's attempt to seize that country is being repulsed ferouciously, as the world's countries now view the U.S. as a pariah, a monstrous country, but they are gonna pay through the nose for X's steel.
imo...gd afternoon gentlemen...my introductiones..to you...
In at 2015-20.50’s, good gains, good profit with X today $$$
US Steel is now a HUGH TAKEOVER target at this price !!!!!!!!!
3.86 record qrtr. BURN SHORTIE $500 million buy back $60 here we come
$60 only 4 pe
Record earnings Thursday, Friday and next week, we going to smashed shorts. 3.85 qrtr earnings going to smash them in their face. $30 here we come and thats only 2 pe. Stock should be 75 and thats just with 5 pe
Looks to be going back to that with new 52 week lows again...
1PE $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
THESE PRICES WILL BE GONE . 5 PE OVER $80 SHARE. 10 PE OVER 160 SHARE
Was in this at $7
Already sold out of this at $38 your late
I see your timing spot on again lol
Large sales not translating into profit is a problem when Unions are involved. They are destroyers of companies! Don't let Union Scum anywhere near your company.
A company with a PE of 1.43 cannot stay at that same price for long; either it goes into bankruptcy or gets reevaluated by the market. X has well over 3 billion in cash, and makes its entire market cap in a year and a half. I am sure it is buying back massive shares, and if it is not, then management ought to get rid of the clown people in charge of this dept.
How to become a multi millionaire like me in the stock market?
...."buy great companies when they are down, and thrown out into the trash can. Let it snow let it snow let it snow." - TTJ
x should be over 30 bucks now, having discounted a nuclear catastrophe at all of its facilities, and the facilities of its customers as well.....during the Great Depression, it was very rare to ever see a company with a PE under 2, and we are at 1.43.....and the Oligarchs and FED will print forever. We are loaded with cash, buying back shares, the product in massive demand................
I think this is probably the bottom for X. Bottoms are a process, and they bounce down and retest and often retest again. X has discounted a nuclear bomb on all of its facilities; with a current PE of 1.43, and net cash positive, with 3 billion in the bank, buying back shares massively, and has said it will have record-breaking Quarter coming up, with earnings...with almost 40 percent of its income already in fixed contracts far far above current spot, and with the Russia/Ukrain conflict, where the massive steel from these two countries won't be hitting world markets for years. especially Ukraine which was a serious producer....and they need a trillion dollars in steel to rebuild the country, once the war is over. X is the most undervalued company in the S and P, in all of north america. BUY
I think this is probably the bottom for X. Bottoms are a process, and they bounce down and retest and often retest again. X has discounted a nuclear bomb on all of its facilities; with a current PE of 1.43, and net cash positive, with 3 billion in the bank, buying back shares massively, and has said it will have record-breaking Quarter coming up, with earnings...with almost 40 percent of its income already in fixed contracts far far above current spot, and with the Russia/Ukrain conflict, where the massive steel from these two countries won't be hitting world markets for years. especially Ukraine which was a serious producer....and they need a trillion dollars in steel to rebuild the country, once the war is over. X is the most undervalued company in the S and P, in all of north america. BUY
The price usually recovers a month or so after just in time for the next divi…. If you hold divi stocks long you do get tremendous gains from the dip… but you don’t understand.
Divi gets discounted from share price so people don’t buy the stock pre ex divi date and sell immediately after… other wise there’s no reason to hold the stock
y do dividends get deducted from share price?? should come out of their bank acct.
zim has huge divy and had $17 paid, well price dropped 17$ and Israel charged us 25% so we got screwed. companies make the money, have the money, they should pay us so they can deduct it right????
whatever dummys set this up i dont understand y
I have just sent a email to US Steel asking when share holders can expect a increase in dividend with them doing so well . Every shareholder should send a email to klewis@uss.com maybe we will get a response to this matter.
I have just sent a email to US Steel asking when share holders can expect a increase in dividend with them doing so well . Every shareholder should send a email to klewis@uss.com maybe we will get a response to this matter.
UNDER 2 PE WITH RECORD EARNINGS SOOOOOOOOOOO UNDERVALUED
The Key to investing: to be in something just before the market gets excited about it, a the turn. When it is hated, as X still is by a mile.
Just dramatically today increased my ownership here of X at a price of around 29.83 avg price. The stock is down from 39.50, and they are projecting record earnings in Q2 and personally, I think they will smash the projections to pieces. Literally, a current 2 PE. .....gotta be the best buy in the S & P at this wild healthy pullback price..........
$3 earnings for slow qrtr in two days!! 2nd and 3rd best probably $6 each. 2 pe
SOOOOOOOOOOOOOOO UNDERVALUED PLUS CO BUYING BACK TON OF SHARES AND SHORTIE COVERING.
GOING TO BE FUN SOOOOOOOOOOOON $$$$$
$X All Steel stocks being ripped off Again
Rule #3, April 18th One week from today,[img][/img] is tax payment and filing day. DO not miss this day, whatever you do, for Anavexers, so many of whom are sitting on massive gains. This means YOU and you probably should act today. That is the key, 1st off, it is The LAW, state and federal, and we are a country of Laws, and also because taxes and penalties are unbelievably severe. Older anavexers, this is a key thing. You cannot get rich if you do not file and pay, and the deadline is just a few short days away, on your massive gains in Anavex. If they have largely evaporated, so what, that does not matter, you still gotta pay. If you follow me, you can make that money back over time. And to pay, you may need to electronically transfer that money today or tomorrow at the latest. Don't get too close to the deadline as Saturday is a non business day, the 16th.
Respect the police at all times, even if they screw up witrh the wrong suspect from time to time.
Don't mess with IRS or state Tax cops. I have seen countless dozens of small businessmen get destroyed who broke Rule #3.
Nobody can beat the tax cops.
Remember, it is all about winning.
[and here is a fun and wonderful Robert Frost poem, a very great American he was, which makes the same point, in a much softer way: https://www.pacingaround.com/post/a-drumlin-woodchuck
- your Friendly Neighborhood Spiderman. (tootalljones)
Spidey so misunderstood
Freeport says we can't have more copper at any price.
https://schrts.co/RDtZaDhi
Then I don't see a reason to keep paying up for it.
Don't be sleepin'
crazy sick puppy hillary joe biden obama lindsey graham, Pelosi globalists and military industrial complex corporations..........America will collapse but my view is that it will take much much longer than this brilliant guy believes..
but he is till thoughtful, and brilliant....a chilean national, raised in california which he loves to this day, the culture that the globalists destroyed, ...and now he is in Karkov, Ukraine......The globalist military industry complex, which must make perpetual war or the stock prices of the companies will implode and the executives will lose tens of millions, hundreds of millions of dollars.....billions in stock and non stock based "compensation.' .
crazy sick puppy hillary joe biden obama lindsey graham, Pelosi globalists and military industrial complex corporations..........America will collapse but my view is that it will take much much longer than this brilliant guy believes..
but he is till thoughtful, and brilliant....a chilean national, raised in california which he loves to this day, the culture that the globalists destroyed, ...and now he is in Karkov, Ukraine......The globalist military industry complex, which must make perpetual war or the stock prices of the companies will implode and the executives will lose tens of millions, hundreds of millions of dollars.....billions in stock and non stock based "compensation.' .
x is wildly undervalued. I have X and tons of slv and 400K of silj, and that is it...basically 2 things is my idea of diversity, but I have 3-1 more now of silver sheat......it was a bad move not to stay concentrated in X.
o well....everybody phouks up.
go U.S. Steel go America.
Trading-Houses Will Collapse As "Margin-Call Doom-Loop" Goes Global, Trafigura CFO Warns
https://www.zerohedge.com/markets/trading-houses-will-collapse-margin-call-doom-loop-goes-global-trafigura-cfo-warns
glad u bought yr baby back. we had 17% short, they got BURNED$$$$$=.
morgan or smith slammed us at 19/21 and now stupid morgan says price target $3 less than what it is now and we earn 17/20$ a share so even now we have a 2 pe
STILL UNDERVALUED PLUS CO BUYING BACK TON OF SHARES PLUS MAY STILL HAVE SHORTS
UP UP AND AWAY
i bought a huge chunk yesterday
and we had 17% short. SHORTIES GETTING BURNED $$$$$$$$$$$$$$$$
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