excellent, informative, and helpful to me as an owner of Cliffs shares. I wish all posters would be as intelligent and considerate as you were right here.
support? this is the look of a company going out of business. there is no support. time is running out and this company will not survive low met coal prices.
here it is. new scrips for tecfidera were down 4% for the week ending 2/28. who knows if any of this stuff is true. Deutsche bank said revenue for tecfidera for the qtr tracking higher than estimates.
note out from Deutsche Bank that says tecfidera tracking higher than estimates. a note from Leering (?) says something else. Seems the note is not that positive even though I don't understand what they are saying. of course the mkt takes the negative view.
this company always seems to be facing headwinds, not only pricing and demand issues, but often, geographical issues because of the areas of the world where their mines are located. it is very apparent that many things need to go right in order for FCX to make a sustained move higher. today's news is just another example.
talking heads have no idea what happened today. so far what happened today has not been posted online anywhere. news will come out later.
china says that in order to reduce the horrendous air pollution, the government will be reducing capacity in the steel and cement industries. I would take that as a positive that would help support prices.
you might be waiting a very long time. take a look at the chart. this stock has been in a downtrend for a very long time. no reason for that to change now.
the chart is not so hard to get. why would I have to claim that I have a chart? anyone can by looking it up. time to invest is now? not so sure big boy.
at a 10 year chart. you will see that this is a highly cyclical stock that has had 2 boom times, but other than that, has been a poor investment if your timing was wrong.