Let’s just make this way easier for everyone…
– The TLDR: Harris wants US Steel (X) to be a US company
– This has ramifications for the Nippon Steel offer to buy US Steel which now has a higher chance of being blocked
– The real discussion then is if blocked: What’s next? Who wins? Think about the other US domestic steel players and what happens with them
Most logical outcome is that the deal falls through, stock drops, and then a US company acquires it for a comparable price/share (this all occuring over a year or longer).
heizenbergbb on
Fuck I’m still holding X calls hoping for this deal.
Varro35 on
It’s already priced for no acquisition. They were offered $42 a share just for their Big River asset. The company can be broken up and sold, a joint venture, or somebody else buys them. There is no actionable news here.
relentlessoldman on
Calls it is betting on the deal to close.
VellyJanta on
You deserve a bronze medal for this post.
Calls it is !
ArmaniMania on
Im buying calls on Monday for when Cleveland Cliffs makes a offer
micigloo on
Puts on Starbucks and dollar general
Proof_Effective_3169 on
Who’s got puts on twitter they can sell me. My wife’s boyfriends lover can meet you behind Wendy’s to hash out the price.
NoctRob on
A Presidential candidate says whatever they need to in order to push votes their way in a swing state?!?
13 Comments
Let’s just make this way easier for everyone…
– The TLDR: Harris wants US Steel (X) to be a US company
– This has ramifications for the Nippon Steel offer to buy US Steel which now has a higher chance of being blocked
– The real discussion then is if blocked: What’s next? Who wins? Think about the other US domestic steel players and what happens with them
And no, “X” in this case is not the 🐦
hoping Cliffs gets a bump from this
Most logical outcome is that the deal falls through, stock drops, and then a US company acquires it for a comparable price/share (this all occuring over a year or longer).
Fuck I’m still holding X calls hoping for this deal.
It’s already priced for no acquisition. They were offered $42 a share just for their Big River asset. The company can be broken up and sold, a joint venture, or somebody else buys them. There is no actionable news here.
Calls it is betting on the deal to close.
You deserve a bronze medal for this post.
Calls it is !
Im buying calls on Monday for when Cleveland Cliffs makes a offer
Puts on Starbucks and dollar general
Who’s got puts on twitter they can sell me. My wife’s boyfriends lover can meet you behind Wendy’s to hash out the price.
A Presidential candidate says whatever they need to in order to push votes their way in a swing state?!?
Whaaaaaaat?!?
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