Both of these have collapsed. Picking the bottom is impossible, but of the two which is nearer the bottom? More importantly, which has the greatest likelihood of making a significant move off the bottom?
what a pathetic question? you're better off asking which disease would a person rather die from, cancer or aids. both these companies have a 50/50 chance of survival. go find a better investment and never ask for advice from a message board.
i'll back papi, he called a sell back in the $90's (go check). not a buy at $28. has forgot more than all these pumpers combined claim to know. i have it more at 60/40 for survival. it's easy, if i/o remains this low ='s no free cash ='s broken debt covenants ='s restructured and lost contracts ='s BK.
Yet you offer advice without providing one single piece of supporting data. 50/50 chance, how did you come up with that? If CLF is going under this year or next, tell me how. Keep in mind they have no debt coming due until 2018 so there is no forced liquidation.
for a short-term trade, possibly WLT...for long-term, definitely CLF....the commodity sector, like everything else, is cyclical...now is the time to buy when nobody else will....CLF has a strong domestic business and eventually, over time, regression to the mean will put CLF back to the high 20's...jmho