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15min DelayClose Jan 8 16:00 ET

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United States Steel Stock Discussion

Stock_Drift

Jan 7 19:31

@NIPPON: Don’t start more and you won’t get Donny T. Take sleepy Joe’s advice and head back to Tokyo, respectively, I’m telling you, you don’t want any Trump work come J21.

$Nippon Steel (ADR) (NPSCY.US)$ $Nippon Steel (5401.JP)$ $Cleveland-Cliffs (CLF.US)$ $United States Steel (X.US)$

LazyDoDo

Jan 6 18:01

$United States Steel (X.US)$ is opposed by both Biden and Trump. If the courts reject Biden, Trump will happily block it. The spike offers a great shorting opportunity before Trump announces his own blocking of the deal.

Smalltimeplayer : I read if the deal didn't go through nippon will need to compensate US steel a big sum of money isn't it. that's good news for US steel

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吸猫西施 : No matter what the result is, we should continue to Hold.

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LazyDoDo OP Smalltimeplayer : That special payout would only (and may not even) be paid after the deal collapses which could be in months. Furthermore, if the deal collapses, the stock would plunge immediately.
There may be ST gains, but LT, without a new buyout offer beating $Cleveland-Cliffs (CLF.US)$ $35 offer, this stock has nowhere to go but back to its $20+ trading range it traded at before both offers. I mean we’ve all heard $United States Steel (X.US)$ whining about the investments they need to replace blast furnaces for months now.
The only realistic way up for this stock is to win their court cases after months of litigation, go back to CFIUS for a new, months long review, win that verdict, survive a new ban from Trump, sue the Trump administration, go back to the courts for another months long suit, win that case, then somehow continue with the buyout in a renewed period of trade tensions between the US and Japan where Trump will most likely drag out his approval as leverage to “cut a deal”.
Best case scenario, an unlikely possibility with a years long takeover process with >60% upside. Worst case, a liability with >20% downside. This is a playground for volatility loving day traders. The stock can be either bought or sold, but not held.
With that said, everything above is entirely my point of view. Any investor should do their own research on how long past court rulings on similar cases in the past took, gauge their own risk appetite given the timeframe, how they expect the Trump administration to operate alongside other relevant factors before trading this stock.

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Kevin Travers

Jan 6 15:22

Columns Market Climbed Monday, up just past Santa Rally High Water Mark | Wall Street Today

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Jan 6 09:52

Columns CES Tech Conference Week Starts with Nvidia and Chips Climbing | Live Stock

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Kevin Travers

Jan 3 15:02

Columns Friday? More Like Grinch Day | Wall Street Today

So much for the Santa rally. The market closed higher on Friday, but it was not enough to overcome the past five sessions of declines.
Just after 4 pm ET, the $S&P 500 Index (.SPX.US)$ closed very close to the point value it needed to stay positive, but the Grinch came and stole the Christmas rally this year.
The S&P 500 closed up 1.26%. The $Nasdaq Composite Index (.IXIC.US)$ closed up 1.77%, and the $Dow Jones Industrial Average (.DJI.US)$ closed...

Weekly Buzz

Stock_Drift

Jan 3 12:27

Nippon Steel to sue U.S. gov’t over Biden’s blockade. (Trump said he’d block it too)

$Nippon Steel (ADR) (NPSCY.US)$ $Nippon Steel (5401.JP)$ $United States Steel (X.US)$

Kevin Travers

Jan 3 09:45

Columns Santa Claus Came Without Rallying the Troops | Live Stock

Happy Friday, investors! It's January 3rd, a brand new year to invest in! The day started with a climbing market but an overall failure for the hopes of a Santa Claus rally. There is still a possibility of a major turnaround, but there are only a couple more hours of trading to reverse a 1.16% decline in the S&P 500 during a period that normally sees a Santa climb.
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BabaChil

Jan 3 08:36

$United States Steel (X.US)$ According to Biden our allies are not really our allies

Movers and Shakers

Jan 3 07:35

Columns Today's Pre-Market Movers and Top Ratings | X, CEG, VST, and More

Morning Movers
Gapping up
$NVIDIA (NVDA.US)$ rose 0.4% in premarket after a 3% gain Thursday, with CEO Jensen Huang's CES speech on Monday seen as a key catalyst.
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$Block (SQ.US)$ shares rose nearly 3% after Raymond James upgraded th...

Sean Parker

Jan 3 02:05

U. S. Steel to Fund Training Center with Multi-Million-Dollar Grant Following Close of Transaction with Nippon Steel

$United States Steel (X.US)$
U.S. Steel has announced plans to establish a workforce training center in Western Pennsylvania through a multi-million dollar grant, contingent upon the closing of its transaction with Nippon Steel. The center will collaborate with local educational institutions and economic development organizations to support workforce development.
The initiative is d...

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