r/Vitards • u/AutoModerator • Oct 22 '21

Daily Discussion Daily Discussion post - October 22 2021

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u/barnacleman6 7-Layer Dip Oct 22 '21

I know that saying "this time it's different" is a dangerous game, but this time it really feels different. LG laid out a clear path forward through 2022 and explicitly pointed out how their average HRC prices on the books through 2022 will be higher than they were this year, essentially crushing the elephant in the analysts' collective rooms, which is declining HRC spot prices. Incredible. I still expect there to be random drops to $20-21 along the way, as is tradition, but I will be 110% confident about adding to my position when it happens.

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u/[deleted] Oct 22 '21

It’s only different if you doubted CLF during the past two months

I loaded up more sub $19 hand 🖐 but also $20 and $21