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Cliffs Natural Resources Inc. Message Board

  • divine_wizdom divine_wizdom Jan 31, 2013 3:10 PM Flag

    those waiting for a round-trip ticket to 28 already missed the train!

    ...from a technical perspective, the stock has been consolidating for the last month between 35 and 40....from a macro-fundamental perspective, the global growth story is more than intact with China back and the US housing market just starting a reverse trend....add in a major spike in IO prices and CLF is in the sweet spot...

    good margins, high roe and selling for less than book value makes this stock a great buy at these levels!
    if nothing else, you can make a lot of money day trading just channel surfing....

    happy hunting!

    Sentiment: Buy

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CLF
1.95+0.10(+5.41%)Feb 12 4:02 PMEST