Dividend investors dumped the stock yesterday. Long term it will recover to at least $75.00
Demand for iron ore will always be needed and when the next boom in World economies takes off so will CLF. Management is now awake and doing what is necessary to put CLF on the path to recovery. Buy a thousand shares and more option with 2015 expiration date and you may do very
Well. Think long term and not short term. Shorts probably have started to cover and my guess is
Institutional investors are buying at this low price. DD.
Exactly - this is the best stock to trade when it goes down big. Great way to make good money fast !!! Too bad for all the shorts who were saying this is going down again today after a 20% drop. Don't they ever learn that things are always overdone and then come back. How many years do they need to see this. I guess stupid traders just think their dumb posts make other people's decisions.