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Swine Pablo

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Swine Pablo

Re: None

Thursday, 04/27/2017 11:39:52 AM

Thursday, April 27, 2017 11:39:52 AM

Post# of 8671
Day by day.

People are too hung up on the daily gyrations in politics, IO pricing, HRC pricing, X, Nue, MT and AKS pricing and just about everything else. This is a company that will really do well in the next six months to three years. Heck even in the next few months is only people would understand the metrics.

For example, the price that Cliff;s gets for its IO is determined by the average for the year and is retroactive therefore for Q1.

They are trading at 3X forward earnings. Am I wrong on this number?
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