I would be a buyer at these levels as the potential for a buyout is big as they are a niche player who others I am sure are looking at with interest. Management has not run this company well for years and only gets a nice run when the jobs fall in their lap - BUT another owner with the knowledge and finances to run the compnay RIGHT could really benefit from it. SO I would be a buyer here and believe it will begin a recovery before long into the 9.50 area and then slowly go up from there. Fred and CO have to sell this stock - they can't use shareholders and have to fess up to their inadequacy as stewards of this PUBLIC COMPANY.
record is neutral to negative so --- don't put a lot of weight into Goldman's call - if they can't decide if it is a buy or a sell then they are more of an anal-yst than I thought. Boolean.
M&A is rising - do think Cliffs is not going to come up as a take-over??? Even Dell - a lousy company with a lousy outlook is being fought over - come on now DELL? We SHOULD BE a the reversal point as indicated by Williams%R and HOMING PIGEON CANDLE. World wide growth is on the verge of major expansion and Infrastructure re-build -- BE THERE. Boolean.
Goldman has been playing weakness and with their power they drive down stocks but you will see Blackberry news coming that will negate Goldman's desperate call on Blackberry -- it may drop a little today but anal-ysts don't have the power they used to as most investors know how dismal they do in hte longer term and beside - their call was only a "NEUTRAL" call so it shows how much they don't know -- either you buy it or sell it you don't neutral it ---- how lame is that. Boolean.
This is going to be one of those super buying opportunities - everyone knows economic growth is going to start rising around the world and surging for some so Cliffs is going to run higher along with other commodity players. Enjoy. Boolean
you must be super high by the pure dribble you emit -- way too funny. I will bet you live in a trailer somewhere in Indiana and your biggest investment is 129 dollars in a credit union accounty your pappy's mama set up. I can tell your type a mile away and sometimes 500 miles away. Boolean.
or you are going to look like the clowns you are --- oh yeah - you have to wait for it to start rising and then come in and say BUY as you report and distort and not actually call market transitions --- well OK -- Cliffs is going to run higher as the month evolves and you have a SELL on it. Manipulation of markets is fine and Goldman is always linked to that so maybe you feel you can manipulate the iron ore/steel market -- have fun but you won't beat me on this one -- we are making our move. I am off to Bologna Italy next week for a while but when I get back Cliffs will be nicley higher already. Be there. Boolean.
moneynow27 - you are right on -- that is my reference as well -- we need to sit down for brew - coffee or otherwise. Yes - the anal-ysts tend to be REPORTERS or they get on the up or down trend line and then when it hits bottom or the market is really negative they push out a call to make it drop due entirely to market conditions. Now Sal and Goldman are going to be way wrong BUT they will come back in on the run up and praise Cliffs. Good luck -- I am convinced we are at the bottom and will back and fill a little here and then rise -- Sal's SELL call will prove to be another anal-yst blunder. Boolean.
Do your research and see what it pending in INFRASTRUCTURE -- Germany to China to USA to nascent economies -- they are already discussing this and it will happen as it will be a key driver to WORLD ECONOMIES and IT HAS TO BE DONE ANYWAY - like Germany is saying - they are so far behind the curve on infrastructure rebuild that the time has come to move forward. You will see a boom in commodities again linked to this rebuild. As winter now turns to spring and spring to summer you are going to see it unfold - I am holding all of my big players from caterpillar to bhp and building up cliffs as we speak. It is the time - be early not late the INFRASTRUCTURE BOOM is coming - you had the tech boom of the 90's and others like railroads in the past and electricity and on and on but now is INFRASTRUCTURE. I do very well because I do my DD and look for unfolding trends - I may be early sometimes if not most but in the end the win is mine. Good luck. Goldman has a sell on Cliffs but they are wrong and I will beat Sal on this call as he is clearly wrong big time. Boolean.
Actually were on our way to 7 bucks and then go from there -- still a buyout candidate in an huge way -- it may be already happening. But you took you cash and there is never anything wrong with taking a profit. Good luck. Boolean.
and I will buy more on Monday -- will need a bigger bag soon. You loud mouths likely don't even invest and have no idea how to play the game. Watch freeport/fcx and ricks cabaret/rick as well --- you kids are Funny. Boolean.
Barron's is wrong like -- most of the time and is a super contrarian indicator -- thanks - I will buy more Cliffs on Monday as this stock is poised to run - I am telling you as spring evolves and turns to summer this stock is going to be much higher --- world wide growth will accelerate NOW and infrastructure investment is going to be huge. Also bought freeport on Friday. Boolean
they are for those who are in the middle -- a little awkward and a little unsure --- real people go to Blackberry and Samsung. I will be buying a Blackberry - to own an Apple is to admit you want to drive a van and have three or four kids. Not good. Boolean
So you are telling me that at .15 Marco the great would not be buying in HUGE just because he works there -- even though they are going to be announcing huge top and bottom line earnings on huge growth --- you have got to be kidding me kid -- if you believe that then you are not from this world. It is clear that you have no rationale for buying this stock and perhaps never did buy stock. Boolean.
yes I heard McDonalds is looking at the company as boss man is working deals going through the drive through.....could just be rumor though.
and Marco won't buy -- I would love to hear why you have all this high growth information and no one seems to know about it -- it is quite a mystery. Now I would love it if you are right but I have done this a long time and sure I own a fair number of shares but this is either the biggest sleeper stock I ever owned or just another bullcrap company with a bullcrap CEO who spins his little show but ain't got no go. Boolean.
the pattern is set and I have played this many times before - the base is now in barring some cataclismic market downdraft -- it will have a nice gain early and then start backing and filling -- I hope Goldman keeps its sell on but I am sure Sal knows I am hard to beat when it comes to stock reversals. Yes I bought some here. Good luck - Boolean.
*All of you sorry folks who love to hammer the bagholders likley do not even invest and if you do have a few hundred bucks in a money market fund. Otherwise - you would not act so goofy as you are. Boolean
We shall see -- gmhershey -- playing the market is not easy but I believe I have this one. Your thesis of 10 bucks a share is just not reasonable but then was 100 to 20 reasonable at the time????