Published: Sep 05, 2024
Duration: 00:01:36
Category: People & Blogs
Trending searches: us steel
hey guys I believe there's an opportunity upon us here with us steel ticker symbol X so this company is supposed to get bought out by nepon which is in Japan but there's speculation that Joe Biden is going to block it over National Security concerns which I don't think Japan is a national security concern okay because they're an ally I thought okay so whether this deal gets done or not it doesn't matter because Cleveland Cliffs today came in and said they'd be interested in buying us deal if that deal didn't go through and they commended Biden for you know watching out for you know National Security okay so obviously they want to get this company cheaper most likely than this napone deal okay so that's why this is a great setup the stock I did play it today this morning from 29 to a little over 30 and made some money and got out I didn't want to give you the recommendation because I wanted to do more research and hear more about it so today is the game changer with Cleveland Cliffs I really think this stock should be higher than it is it's only about $30 63 in uh aftermarket last time I checked but this stock guys was at 48 not too long ago not saying it's going to go back there but let's say the napon deal doesn't go through with Japan but Cleveland Cliffs ends up buying them for cheaper it's still going to be a higher price than where it's at now it could be 36 could be 40 but if the actual deal goes through it could be even higher so either way great risk reward setup here and it doesn't matter about the jobs report tomorrow because this is based solely on them getting a deal and and either way whether they go with npon or Cleveland Cliffs the deal is getting done guys so I smell money