Yea but if you were the pump and sell sort of trader you could see this coming a mile away. Same with Palantir earlier this year, or nuke stocks.
If, that is, you have the inclination to that sort of risk. I have enough stress in life already and settle for buy-and-hold, cost-averaging, diversification, and other boring methods.
We had a similiar buyout where I live, about 20 years ago. Upstart telecom bought out the legacy telecom, with a 'promise' to the local gov't to keep the main admin HQ in place.
They did ... for six years. Then moved it 352 miles south, to the corporate HQ.
Coincidentally, the current local gov't administration had recently lost the election, and a new mayor was coming in. For some reason, there was no hue & cry in the papers about the transfer ....
UK Lawmakers Debate Measures to Prevent Chinese Owners From Closing British Steel Factory. - If closed, the U.K. would be the only country in the Group of Seven industrial nations without the capacity to make its own steel from scratch.
So, invest in US steel?
Sorry, Congress got 'em all just yesterday. No more cheap shares.
Sad, but most likely true.
Nancy had the options a month ago.
Yea but if you were the pump and sell sort of trader you could see this coming a mile away. Same with Palantir earlier this year, or nuke stocks.
If, that is, you have the inclination to that sort of risk. I have enough stress in life already and settle for buy-and-hold, cost-averaging, diversification, and other boring methods.
no, Nippon steel is a safer bet for now.
Japan’s Nippon Steel is buying United States Steel. They made a promise to not move it out of the US.
So glad to see this. Maybe the Rust Belt will get an overhaul and reversal.
Unless it's in the contract, don't believe it.
We had a similiar buyout where I live, about 20 years ago. Upstart telecom bought out the legacy telecom, with a 'promise' to the local gov't to keep the main admin HQ in place.
They did ... for six years. Then moved it 352 miles south, to the corporate HQ.
Coincidentally, the current local gov't administration had recently lost the election, and a new mayor was coming in. For some reason, there was no hue & cry in the papers about the transfer ....
That's all well and good, but I know for a fact that they can't be trusted. They forced their remote workers into getting the jab during Covid.
I wonder if he'll hold yet another rally in Butler???
...at the AK steel mill
My hope here is Japanese production methods and American dedication to produce steel of the highest quality for us and also for Japan.
Chinesium is garbage and, at least to date, the people with the best quality tend to win in both trade and less civil competition.
Used to be great in the LV! ABE
Trump knows what he is doing.
An example from the UK:
29 March 2025
British Steel closing (after being bought by China in 2020) - END of steel production in UK after 150 years
https://greatawakening.win/p/19AwtFjwXY/british-steel-closing-after-bein/c/
12 April 2025
UK Lawmakers Debate Measures to Prevent Chinese Owners From Closing British Steel Factory. - If closed, the U.K. would be the only country in the Group of Seven industrial nations without the capacity to make its own steel from scratch.
https://greatawakening.win/p/19Ax7OHoR7/--uk-lawmakers-debate-measures-t/c/
14 April 2025
China Accused of Attempting to Sabotage UK’s Final Primary Steel Mill as London Enacts Emergency Nationalisation.
https://greatawakening.win/p/19AxBzGFcN/--china-accused-of-attempting-to/c/