This is not ALL company specific look at the sector. There all down (ACI ,BTU, RIO, VALE, FCX? etc..) The demand will be back big in india and china for coal and iron ore not if but when and the survivors will do well. Be fearful when everyone is bullish and be a buyer when everyone is fearful. Not sayin to jump in CLF with both feet but maybe test the water with your toes as these names are pulled down. There will be consolidation.
Coal & iron ore! They are all in some more than others. Agreed CLF and ACI are the worst in the few I mentioned. Possible buyout candidates. My point is they are all down big and the survivors will come back as demand comes back!