Its like pulling teeth for this stock to go up.. what will LG would have to do to see CLF at $10..
besides lowering the debt
With IO around $59/Ton price, CLF can make a lot of money with huge gross margins for USIO operations and also make some profit for APIO operations. With Infrastructure coming next year using US manufactured Steel , this stock is worth around $15/sh by mid 2017.
Closed up 3% at $6.09 and volume more than double of normal volume of 6 mil shares. Next 4 days before earnings announcement,we may see it cross $7 on high volume..IMO. I think we are on the right course. Also any cutback in the shipment of SB IO by Rio and others will keep the IO price between $55-$60 and that should help CLF 'd earnings, increase the price and lower the P/E.
Baby come to me.. put your arms around me baby come to me.. cuz i can't live w/o youuuuu.
I cant live w/o Cliffy..lol a little humor..
Hope so. They can now buy for $26 and $2 in cash assets will lower cost to $24/sh instead $29-$30. TWTR is a fantastic value, a great asset and a "unpolished Jewel". Why they have so many employes if no growth in users and AD revenue. They can cut their manpower from 3900 to as low as 2500 and will not only have operating profit a but NET profits and Tech companies will come begging to acquire it....IMO