Cleveland Cliffs Inc (CLF) オプション

https://www.insidermonkey.com/blog/jim-cramer-recently-discussed-these-15-stocks-the-california-wildfires-1425101/2/

That's the story I posted—with some commentary—in the immediately preceding message.

https://www.reuters.com/markets/deals/cleveland-cliffs-partners-with-nucor-potentially-bid-us-steel-cnbc-reports-2025-01-13/

CLF prepares_new_buyout_offer_for X—with_concurrent_sale_of_Big_River_to NUE:

https://finance.yahoo.com/news/cleveland-cliffs-partners-nucor-potentially-163940668.html Cleveland-Cliffs is partnering with peer Nucor to prepare a potential bid for U.S. Steel, a person familiar with the matter told Reuters on Monday.

Cleveland-Cliffs would purchase U.S. Steel in an all-cash deal, with an offer in the high $30s per share, the person said. It would then sell U.S. Steel's Big River Steel subsidiary to Nucor.
U.S. Steel's headquarters would remain in Pittsburgh under the deal.

The news was first reported by CNBC. I just listened to a 90-minute CLF press conference. LG did not offer any details, but it’s clear that a new buyout offer for X is coming.

 There always been a lot of talk on shorting stocks of this company to keep the share price down.
 
IMO
Do this to kill the shorting. 










Place your shares for sale at a price that is higher than the current market price. This will prevent your broker from lending out your shares to short sellers and reduce the amount of free shares that can be used for shorting purposes.


Then when you want to sell at your price, set sale at market price.




https://www.benzinga.com/startups/25/01/42879583/i-used-to-make-a-f-ton-of-money-shorting-companies-says-mark-cuban-revealing-how-he-started-sharesleuth-sent-people-to-expose-firms

https://m.youtube.com/watch?v=e_zA1vT464M

 Trading on the New York Stock Exchange will be closed on Thursday, Jan. 9.


The Nasdaq said it would be closing trading of all U.S. equities and options that day as well.


Day of mourning for Jimmy Carter. 

https://www.msn.com/en-us/money/news/nippon-steel-and-us-steel-rival-denies-bombshell-lawsuit-claims-we-are-armored-through-the-teeth/ar-AA1x74mb

https://finance.yahoo.com/news/u-steel-vs-nippon-14-172142389.html

https://www.businesswire.com/news/home/20250106689729/en/

https://finance.yahoo.com/news/cleveland-cliffs-appoints-jane-cronin-220000690.html

https://www.investopedia.com/nippon-deal-blocked-whats-next-for-us-steel-8768931

https://www.msn.com/en-us/money/economy/us-steel-sale-to-nippon-looks-dead-cfius-won-t-decide-if-it-s-a-security-risk/ar-AA1wqOIr

https://www.msn.com/en-us/money/markets/is-cleveland-cliffs-clf-among-the-best-low-priced-stocks-to-invest-in-now/ar-AA1wCpKs

The CEO from Brazil started playing doctor and lost tract of the company and enormous debt.

Nobody seen it coming.

Could this Bunker be in Brazil?

I warned, that the CEO of Cliffs, should never send money to feed the enemy with a war going on. I can't believe that he even made it public. And then got involved promoting a plandemic, injuring employees across the board. Made public offerings, in cash bonuses. Are CC's being transmitted from this bunker since both CEO and CFO were carefully positioned?

I believe, the acquisition may be a front to remove Concaves.

Where is this Bunker and why did this pic surface? The consequences of playing war.

whoa, $9?? WTF happened here? i might have to go all in here in the $8s or $7s soon

Update on Nippon-US Steel:

https://www.wsj.com/business/nippon-steels-u-s-steel-acquisition-plan-referred-to-biden-for-review-62ee98c5 Nippon Steel’s plan to acquire U.S. Steel has been referred to President Biden after a government panel reviewing the plan failed to reach a consensus.

The Japanese steelmaker said Tuesday that it had been informed of the matter by the Committee on Foreign Investment in the U.S., which reviews foreign investments in the U.S. for national-security risks.
Nippon Steel said that it is confident that the transaction should be approved if it is fairly evaluated on its merits.

Nippon Steel urged the U.S. president to reflect on the steps the company has taken to address national-security concerns and the significant commitments it has made to grow U.S. Steel and protect American jobs. The company has pledged to invest $2.7 billion in U.S. Steel’s older plants.

…While Biden has yet to formally block the takeover, the White House has reiterated his position that U.S. Steel should be domestically owned and operated. President-elect Donald Trump has similarly rejected the Pittsburgh-based company’s sale to a foreign company. Stay tuned.

https://invezz.com/news/2024/12/21/these-2-stocks-are-positioned-to-outperform-in-january/

https://www.msn.com/en-us/money/top-stocks/mining-stocks-back-in-the-spotlight-3-key-names-to-watch/ar-AA1whciE

I was commenting on the recent selloff—i.e. the 26% drop since 12/2/24. The bigger drop for 2024-to-date is, of course, due to weaker steel prices.

Why is Cleveland-Cliffs Stock Down 50% This Year?
2:05 AM ET 12/20/24 | TREFIS
Cleveland-Cliffs (NYSE:CLF), a vertically integrated steel mill operator, has seen its stock decline by 50% since the beginning of the year as compared to the 28% gain in the S&P 500 Index. Cleveland-Cliffs downward stock price movement is much sharper compared to that for its peers, including VALE (NYSE: VALE) which is down 42% year to date, ArcelorMittal (NYSE:MT) which is down 13% year to date, United States Steel Corporation (NYSE:X) down 31% year to date, and Nucor Corp (NYSE: NUE) which is down 30% year to date. This fall has been primarily due to the adverse business conditions that the industry is going through.

Steel prices in the U.S. have witnessed a declining trend due to subdued demand in the domestic market with weak manufacturing activities. Globally, demand in the sector remains subdued due to oversupplies in the European market as well as high inventory levels in China. Cleveland Cliffs has a high exposure to the automotive sector, which continues to face challenges, leading to the company being more impacted than its competitors. We value CLF stock at about $14.50 per share, which is roughly 47% ahead of the current market price. At the current price of around $10 per share we believe CLF stock has room for improvement. Notably, the stock has moved down 70% from levels seen in March 2022.

… Some of the decline of the last few years is justified by the roughly 4% drop seen in CLF's revenues from 2022 to 2023. Revenue declined by around 12% in the first nine months of the current year to $14.86 billion…

CLF reports (not pretty) 3Q24 results:

https://www.clevelandcliffs.com/investors/news-events/press-releases/detail/662/cleveland-cliffs-reports-third-quarter-2024-results Cliffs’ Chairman, President and CEO Lourenco Goncalves said: “In Q3, weaker demand and pricing drove tighter margins, and ultimately led us to temporarily idle our Cleveland #6 blast furnace. We achieved our lowest unit cost since 2021, exceeding our already aggressive cost reduction targets, but that was not enough to offset the negative impact of two of our top four automotive clients who continue to underperform their own expectations. Due to our high exposure to the automotive sector, Cliffs was more affected than our competitors.

…“For 2025, we’ve set a much lower capital budget... Additionally, lower coal costs will bring a $70 million benefit next year compared to 2024. We expect steel demand to rebound in early 2025, supported by a number of economic and political factors. With Stelco’s assets and our cost reductions, we’re well-positioned to capitalize on this upswing and will be able to reduce acquisition debt quickly with healthy free cash flow.” The stock is -5% in AH trading. CC Tuesday at 8:30am ET.


3Q24 highlights (excluding Stelco acquisition, which closed after end of quarter)

• Revenue of $4.6B, -10% YoY

• Steel shipments of 3.8M tons, -6% YoY

• ASP/ton of $1,045 vs $1,203 in 3Q23.

• Non-GAAP EPS of ($0.33) vs a gain of $0.54 in 3Q23.

• Adjusted EBITDA of $124M vs $624M in 3Q23

• 9/30/24 net debt of $3.7B, up from $3.4B at 6/30/24

• No shares repurchased during the quarter


CC slides:
https://d1io3yog0oux5.cloudfront.net/_a362560fa06a18e70dfe5244a95be498/clevelandcliffs/db/1111/11846/file/CLF+-+Q3+2024+Earnings+Presentation+11.4.24.pdf

Yes, CLF is a clear beneficiary from steel tariffs. My take on the recent selloff is that some investors think the Biden administration will approve Nippon’s takeover of US Steel despite having said they will oppose it. We’ll know in the next few days.

CLF seems to be falling off a cliff. Shouldn’t Trump’s pledge to slap tariffs on everything from anywhere, especially on steel, help boost the stock price?

Automotive Supply Chain Risk Digest #410

https://automotive-risk-digest.elmanalytics.com/p/automotive-supply-chain-risk-digest-410-20241213



Does anyone know where this bunker is? Does it make sense now, why Concaves made his son the CFO.

Nobody seen it coming.

Could this Bunker be in Brazil?

I warned, that the CEO of Cliffs, should never send money to feed the enemy with a war going on. I can't believe that he even made it public. And then got involved promoting a plandemic, injuring employees across the board. Made public offerings, in cash bonuses. Are CC's being transmitted from this bunker since both CEO and CFO were carefully positioned?

Where is this Bunker and why did this pic surface?

I believe, the acquisition may be a front to remove Concaves.
CEO, CFO

HEY CEOvesCEO Lourenco Goncalves. THIS IS BUY BACK TERRITORY. 

https://www.tipranks.com/news/the-fly/glj-says-u-s-steel-likely-still-a-great-merger-arbitrage-risk-reward-play

Surprised CLF is being destroyed like this..no position..

https://www.reuters.com/markets/deals/biden-plans-block-nippon-steel-purchase-us-steel-bloomberg-news-reports-2024-12-10/

https://nypost.com/2024/12/10/business/biden-to-formally-kill-nippon-steels-15b-takeover-of-us-steel-on-national-security-grounds-report?utm_source=nypost&utm_campaign=android_nyp&utm_medium=social

https://www.msn.com/en-us/money/topstocks/trump-says-he-ll-block-nippon-from-taking-over-us-steel-the-stock-is-falling/ar-AA1vbSFU

Looking ahead, investors will just have to evaluate U.S. Steel on a stand-alone basis or look for domestic companies that could buy U.S. Steel. There is really only one: Cleveland-Cliffs. It bid $35 a share for U.S. Steel in August 2023, an offer that started this process




https://www.msn.com/en-us/money/topstocks/trump-says-he-ll-block-nippon-from-taking-over-us-steel-the-stock-is-falling/ar-AA1vbSFU

Trump has said all along that he would block the Nippon deal if elected.

Check out this article I found on MxM News: https://mxmnews.com/article/b925c391-8bcb-488e-be8f-6378e9c020c0

https://invezz.com/news/2024/12/02/top-3-us-steel-stocks-that-will-benefit-from-trump-2-0/

https://www.marketbeat.com/instant-alerts/rockefeller-capital-management-lp-purchases-new-shares-in-cleveland-cliffs-inc-nyseclf-2024-12-01/

https://www.investors.com/news/nucor-cleveland-cliffs-nue-stock-goldman-sachs-tariffs/

https://simplywall.st/stocks/us/materials/nyse-clf/cleveland-cliffs/news/theres-no-escaping-cleveland-cliffs-incs-nyseclf-muted-reven

Kind of glad I sold some last April, but I still think it will get back there in time. I can tell you the Tilden is going fine, and think things are heading the right way.

https://www.msn.com/en-us/money/topstocks/investors-heavily-search-cleveland-cliffs-inc-clf-here-is-what-you-need-to-know/ar-AA1uvy6y

https://www.cbc.ca/news/canada/hamilton/stelco-owner-speaks-out-1.7388799

https://www.msn.com/en-us/money/markets/jim-cramer-says-cleveland-cliffs-inc-clf-is-good-and-should-do-well/ar-AA1tXzL9

Does anyone know where this bunker is? Does it make sense now, why Concaves made his son the CFO.

Nobody seen it coming.

Could this Bunker be in Brazil?

I warned, that the CEO of Cliffs, should never send money to feed the enemy with a war going on. I can't believe that he even made it public. And then got involved promoting a plandemic, injuring employees across the board. Made public offerings, in cash bonuses. Are CC's being transmitted from this bunker since both CEO and CFO were carefully positioned?

Where is this Bunker and why did this pic surface?

I believe, the acquisition may be a front to remove Concaves.

CLF 3Q24 CC transcript:

https://finance.yahoo.com/news/cleveland-cliffs-clf-q3-2024-174513817.html

CLF closes Stelco acquisition:

https://finance.yahoo.com/news/cleveland-cliffs-completes-acquisition-stelco-160800815.html

S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite IndexOctober 30 2024 - 5:15PM
PR Newswire (Canada)
TORONTO, Oct. 30, 2024 /CNW/ - Cleveland-Cliffs Inc (NYSE:CLF) and Stelco Holdings Inc. (TSX:STLC) have agreed to merge in a cash and stock combination. Each share of Stelco Holdings will be exchanged for 0.454 new Cleveland-Cliffs shares and $60.00 CAD cash.  The transaction has received shareholder and regulatory approvals and is expected to close on November 1, 2024, subject to customary closing conditions.  Stelco Holdings shares are expected to delist shortly after closing of the transaction. As a result, Stelco Holdings's shares will be removed from the S&P/TSX Composite Index prior to the open of trading on November 5, 2024.For more information about S&P Dow Jones Indices, please visit www.spdji.comABOUT S&P DOW JONES 

https://markets.businessinsider.com/news/stocks/cleveland-cliffs-call-volume-above-normal-and-directionally-bullish-1033903862?origin=serp_auto

https://finance.yahoo.com/news/cleveland-cliffs-post-q3-earnings-113900091.html

https://seekingalpha.com/article/4729797-cleveland-cliffs-the-american-steel-industry-is-in-an-economic-depression?origin=serp_auto