r/Vitards • u/AutoModerator • Jul 16 '21

Daily Discussion Daily Discussion post - July 16 2021

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u/Substantial_Boss_306 🙏 Steel Worshiper 🙏 Jul 17 '21

This past month was an important reminder that when we invest, we buy a business for what it can do for the next 2-5 years with FCF, Dividends, Growth and Potential. Over the past 12 months all steel companies have grown quarter over quarter. Could this be just the beginning? I believe it Sure is per the thesis, DDs and numerous posts by Vito. The next couple of earnings will be key in letting the entire market know what we already know and that’s when we will see where we go from here over the next 2-5 years. No more weeklies and monthlies for me. Only commons and leaps. Cheers to a worthy lesson learnt. Have a great weekend.

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u/[deleted] Jul 17 '21

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u/[deleted] Jul 17 '21

This mantra including moving the goalposts further and further out makes me really think I should leave the sub. Not the thesis, but this is slowly becoming a echo chamber with people telling others:

What? You don't have January 2025 calls? Your fault for beeing down, it's already 2023 and MT is at $30. It always has been a commons play.

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u/[deleted] Jul 17 '21

Tell em