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Cliffs Natural Resources Inc. Message Board

  • tom0919 tom0919 May 1, 2013 12:23 PM Flag

    CAN U FEEL IT?

    This thing is on the verge of being FLUSHED. lol you longs crack me up, thinking after its been down two years straight, shorted to oblivion, that you'll swoop right in at the exact bottom and hit it for all its worth, GET REAL

    The reason I am so sure short is the right side, is because of all the longs posting here and lack of trashing this stock means the pros are short and retail is LONG

    Sentiment: Strong Sell

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    • Still wondering why everyone thinks a few dollars up or down is catastrophic either way. So many traders (impatient scalpers) not enough investors.

      Could this name get flushed. Yep. I will be buyer when it does.
      We don't break the 2 yr downtrend until we get closer to and thru 30ish. Lots of wiggle room.

      Yesterday a poster/blogger mention this name will probably have some violent swings as a base is built.
      The longer the base the better the new move upward should be.

      Unless you are on margin or you are playing this name with options (good luck) what is the problem here? If you still have capital allocated for this name you can probably buy more at a better price. Problem is not many of us actually know where the price action will be tomorrow, 2 weeks, 3 months etc. So you plan as best you can with the information available.

      Sentiment: Hold

 
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