could not make any sense of it. Looks like I was a few days early, but this time it might be a genuine bottom. Look at rio and vales short interest compared to clf. Time will tell.
Welcome in from The Dark Side, imagine....!
Remember: in the words of John Lennon:
"Imagine all the people
profiting from Cliffs,
Yoo-hoo may say...
You may say that I'm a dreamer,
But I'm not the only one...
I hope some day you'll join us,
and the world will own Cliffs as one...!"
Sentiment: Strong Buy
Agree with you.
Iron ore future price is stablized @ $115 - $116 that is $12 below last qtr price.
Hope this qtr, CLF can increse IO sales volume so it will report a profit of EPS $ 0.73.
Time will tell.