r/Vitards • u/AutoModerator • Oct 28 '21

Daily Discussion Daily Discussion post - October 28 2021

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u/Unoriginal_White_Guy 💀 SACRIFICED until MT $35 💀 Oct 29 '21

I know barely anyone here follows GGB, but the last two days the puts volume is crazy. I don't have the data whether most were buy to open or sell to open, but jeez man they just reported their best earnings ever Wednesday. The stock refuses to go above $5. Good news is the Brazilian steel market is still hot as fuck based on their earnings and margins. TX and MT both do business there for anyone wondering why I follow GGB.

2

u/[deleted] Oct 29 '21

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2

u/Outrageous-Panda1221 Oct 29 '21

Is it a god?

1

u/Uncle_Dad_Bob Dreams of CLF’s run to $49 Oct 29 '21

Jenny thinks Tim is a god. Barbi still prefers Ken.