Cliffs Natural Resources Inc. Message Board
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I've been doing this for 30 years, buy the stock today.
A blind monkey could see the value.
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I think I see the problem with your comparison-a blind anything can not see. i have not seen anything that gives me any comfort in owning CLF at these levels. I have no idea what the value of the company is-nor does management. I'm out now but hope to get back in sometime in the near future--30-60 days.
Sentiment: Hold
- 1 Reply to dupedagain77
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If CLF is at $22 while iron Ore is @ $139, where the price will be if IO was $100? think that!! Not a good value. Best to do is to sell the company .. chinese company may be a likely buyer.
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i agree. for traders (and investors avg down) today's volume is what the street has been looking for. not sure what price will be, but stock trading 5.5million shares in first hour!
Sentiment: Buy
- 1 Reply to neelsen01
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I agree to this value investor it's awfully tempting to make use of the severely negative sentiment here. Quality of management - this is a tenet I take very seriously in investing - the comments I've read on here seem to be quite critical - what do you two have to say about QOM here?
Joe
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