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Trump: six/seven new steel mills are being built!!!
Posted: Sun Aug 05, 2018 9:22 am
by elklindo69
FAKE NEWS!!!
:lol:
PITTSBURGH, PA - Despite President Donald Trump's assertions, his controversial tariffs have not enabled Pittsburgh-based US Steel to build a half-dozen new steel mills.
At a rally in Wilkes-Barre Thursday, Trump said US Steel is opening seven plants. A day earlier in Florida, the president told supporters the company is building six steel mills.
Not so, a US Steel spokeswoman told the Associated Press. While declining comment on the president's specific claim, Meghan Cox said any new mill announcement would be posted on the US Steel website if it happened.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Sun Aug 05, 2018 10:29 am
by johnforbes
No, he meant in toto.
For example, Nucor is expanding in Marion, OH.
By the way, I happen to own a chunk of stock in this company -- not my choice, long story, but I have to hang on to it.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Sun Aug 05, 2018 12:28 pm
by sillydaddy
May get me some steel stock ..just in case...
Look what happened to Robert Wayne with Apple ... :lol: :lol: :lol:
Re: Trump: six/seven new steel mills are being built!!!
Posted: Sun Aug 05, 2018 2:43 pm
by johnforbes
In May, Jim Cramer of "Mad Money" said that Nucor would be most helped of the steel outfits by Trump's tariff talk.
So, that has not happened at least with Nucor.
Not that I'd let Cramer guide me, but his show can be entertaining.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Tue Aug 07, 2018 3:33 pm
by elklindo69
sillydaddy wrote:May get me some steel stock ..just in case...
Look what happened to Robert Wayne with Apple ... :lol: :lol: :lol:
I'll keep a tab on this to see how it works out for you!
I wonder how Justme is doing on that Facebook short?
:lol:
Re: Trump: six/seven new steel mills are being built!!!
Posted: Wed Aug 08, 2018 8:48 am
by johnforbes
So far, I see nothing particularly good in the way Nucor's stock has reacted to this supposedly positive news for it.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Wed Aug 08, 2018 2:33 pm
by elklindo69
Steel prices have peaked and Nucor is a commodity business so there really is no further upside.
You need make an effort and dig....John!
:lol:
Re: Trump: six/seven new steel mills are being built!!!
Posted: Wed Aug 08, 2018 2:56 pm
by namngulfvet
elklindo69 wrote:Steel prices have peaked and Nucor is a commodity business so there really is no further upside.
You need make an effort and dig....John!
:lol:
Thanks to Trump. Ojackass would have dumped a ton more of regulations on them
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 9:36 am
by johnforbes
Elkin, you didn't read my post.
My ownership of the stock is for reasons beyond my control, and it wouldn't have been my choice.
For me, it is an overly domestic play, and I don't know anything about the steel business, and -- well, there are a lot of reasons I'd prefer not to own it.
It also has the bad feature of the lost opportunity to own something else.
On the plus side, it is only 2000 shares and no big deal.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 10:00 am
by Clownkicker
johnforbes often muses on how hard life is while he lunches at trendy cafes and paddles his custom kyak around the family lake.
"Sure I own 2000 shares of stock in a steel company. But I swear, I had no choice! It's not like I could just sell it or something. And honestly, I really hate it when they make me cash the dividend checks that further rub salt in the wound. Why can't you understand we all have our crosses to bear?"
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 10:58 am
by namngulfvet
Clownkicker wrote:johnforbes often muses on how hard life is while he lunches at trendy cafes and paddles his custom kyak around the family lake.
"Sure I own 2000 shares of stock in a steel company. But I swear, I had no choice! It's not like I could just sell it or something. And honestly, I really hate it when they make me cash the dividend checks that further rub salt in the wound. Why can't you understand we all have our crosses to bear?"
I see our tax mooch is on a freeloading spree. You can always tell an American hating lib. They love spending my money
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 1:25 pm
by Clownkicker
namandgulfdumbfuck, I don't take so much as a nickel from the government.
You, on the other hand, are the actual tax mooch freeloader, relying on the government for everything you have; your medicare, your social security, your veteran benefits, everything.
Without the government, you would be sick, homeless, and starving.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 3:05 pm
by johnforbes
I am seldom at trendy cafes, but in any case not for lunch.
My lunch generally is a cup of yogurt or an apple.
Any more and 400 situps per day would have to go to 500.
If Clown complains about this, I will have to challenge him to a contest of pushups.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 3:12 pm
by Clownkicker
I concede, johnny. I freely admit that you look better in a pushup bra than I do.
Re: Trump: six/seven new steel mills are being built!!!
Posted: Thu Aug 09, 2018 4:17 pm
by johnforbes
Generally speaking, I do support bra threads.
But I'm divided on cleavage comments.