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Cliffs Natural Resources Inc. Message Board

  • mawsii1 mawsii1 Apr 11, 2013 7:47 AM Flag

    spot Iron ore 140.60 yesterday in china....Morgan's call is so BS ! Time to buy!!!!! JPM 40.00 price is realistic

    Alls I know is the BS coming out of wall st makes me sick...how can us small investors buy and hold when MS can put a 10 dollar target out and downgrade just because they didn't get to underwrite the last cap raise at 29.00...market cap of 2.8 billion now with a 3% div...2 yrs earnings 2010 and 2011 totalled 2.6 billion in net profits...I have talked with Investor relations and they are on track this yr for 1 billion in ebitda...and MS statements of the other mines coming on line dropping IO to 80?? also ridiculous.....REBAR in China today hit the highest since March...Cliffs is to cheap and we could wake up being owned by one of the big boys...I am holding ...good luck to all ...it's been a rough, rough year

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7.91-0.18(-2.22%)Jul 29 4:04 PMEDT