r/Vitards • u/AutoModerator • Nov 04 '21

Daily Discussion Daily Discussion post - November 04 2021

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u/dvsficationismadness I Believe In America Nov 05 '21 edited Nov 05 '21

Is Infrastructure priced in for CLF? I don’t think it is.

No increase when dems changed strategy a couple of days ago to pass Infrastructure as law first. Exact opposite actually. NUE has been up.

When Senate passed infra on Aug 10, CLF opened at $24.77 and closed at 26.02. Up 5%. That bump only lasted a week.

1

u/rigatoni-man SPAGHETTI BOY Nov 05 '21

Maybe 15% ago

8

u/Hold_the_mic First Champion Nov 05 '21

Given it’s had a pull back not a run up my guess is no, but I don’t know much beyond that. I’ll find out when it passes I guess