CLF Price Targets – Setting Realistic Price Targets – TO MARS? πŸš€πŸš€πŸš€ via /r/wallstreetbets #stocks #wallstreetbets #investing

CLF Price Targets – Setting Realistic Price Targets – TO MARS? πŸš€πŸš€πŸš€

CLF gang is happy today. Not only is there a reduction in dilution of the stonk, but the infrastructure bill somehow passed the first procedural vote in the senate. So I figured I'd put myself on the record and give some price targets for you degenerates.

Please keep in mind that these price targets reflect many different scenarios, so don't get all butt hurt just because the first few scenarios are not bullish.

Also, we need to drop the "to the moon" bullshit when we are bullish on a stock. Instead, let's set better goals. To Mars. I like imagining of a life that I'll never have. I can see the moon. I can't see Mars. πŸš€πŸš€πŸš€ πŸš€πŸš€πŸš€ πŸš€πŸš€πŸš€

PT Scenarios – 4 months out:

1.) Economic crash and Everything is closed (25% or more market decline) from Delta variant and highly overvalued stonks – Please, save enough money for a rope or a therapist. My shitty analysis won't help you. I make a good friend, though! πŸ˜€

  1. ) Economic slowdown due to Delta variant and standard market correction (between 10-15% market correction). No infrastructure bill. – PT anywhere between $10-14. There is a legit probability as the CDC has reinstated mask mandates, and Biden is set to announce mandated vaccines for fed workers/contractors. The market is poised for a pullback, so that it will be a great "buy-the-dip" opportunity. These minor 2-3% corrections you see in the markets are nothing – Shit is still overpriced. RIP for short-term gains, sexy on the long, though!

3.) Scenario 2, but we get the infrastructure deal. PT between $17-22. You better start loading up calls because the dip will be short-lived. Infrastructure can be pitched as a way to keep people working during Delta. A lot of work can be completed outside (less need for masks / social distancing.)

And holy shit… Conspiracy theory time… Skip to scenario four if you want a more realistic take on life…

Delta will be used as a way to force the infrastructure bill/rebuilding of America. We are so caught up in living as consumers that we've forgotten to take care of the essentials (roads, bridges, streets, damns, electric charging stations, 5G, ETC.). We'd instead work for fancy companies like Google and spend money on useless shit (iPhones, cars, guitars, etc.)

4.) The economy stays flat, and things trade sidewise. PT $22-25.

5.) The markets keep pumping, and Delta hardly makes a dent. No infrastructure deal, though. PT $26-32. The company is poised for growth, as clearly indicated by the past three earnings and future guidance.

6.) Everything works our way. No Delta, no correction, and the infrastructure bill passes. PT $32-Mars landing.

Final note, don't forget these facts… First, the company is on a zero debt path and expects to be debt-free by 2022. Second, the company is vertically integrated, meaning that they own the upstream supply chain (Everything from mining the material to polishing it up for delivery to the customer – Car manufacturers and construction companies). Third, inflation continues to help this company. The more inflation, the faster this debt is paid down. We are doing well regardless of inflation because less inflation means more demand, thus increasing overall volume. Smaller margins, though.

Let's send CLF bussin!

πŸš€πŸš€πŸš€ πŸš€πŸš€πŸš€ πŸš€πŸš€πŸš€

Submitted July 29, 2021 at 02:01PM by Technical-Ad-3967
via reddit

Make money with social media πŸ‘‹Β  Learn affiliate marketing today

Holler Box