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Cliffs Natural Resources Inc. Message Board

  • frank867444 frank867444 May 29, 2013 11:37 PM Flag

    5/29 Iron Ore 112.9/t Clf is making 2.90$ a ton = 18cents/yr earnings

    At 15X eps that puts clf at 2.70 a share.......

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    • Is that why the stock was trading at $40 when iron ore priced at $90/t? Before you post this nonsense of $2.90/ton do some research. I recommend you check the Trefis report on CLF if you have access to it. CLF is extremely undervalued now. It is like FSLR of last year. I remember some idiots putting $9/share 52-week price on FLSR just 6-8 months ago when stock bounced off its lows and trading around $20/share. FSLR was a no brainer and made my 2012 along with SRPT. Now I am looking forward to CLF and TC to make my 2013. You are on ignore by the way along with other shorts who posts nonsense to scare traders and weak hands.

      Sentiment: Buy

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