Well as hard as this is to do I apologize to Ohtaegun and Rlbeard. I cant believe its 22 plus. Bought at 30, 28 and 26. Will not sell but acknowledging I could have done way better. I still believe this is a good long play. That said I,m not sure theres a bottom in site yet. Dow gos up everyday.
I hate bragging. But I,m up 6 figures rolled a few times not that it matters any. Only difference between us is I have some patience and am not a day long. I,ve been here for 18 years and lately I see your pain. CLF bit you I believe but that don,t matter any. I do wish you luck and some smarts. It may take a bit and I have time but I will see $50 again within the next 4 years before I retire. Lots of bad news out. CLF will heal. My last post will be when that happens.
Clf now has the money from the secondary. Risk is now shortside. A lot of bad headlines behind us. The market always looks forward. Even if we slide a bit further down sentiment will change soon and better times are ahead. I believe in CLF
Same story the ones with the weak stomach and little patience give there money to the ones who have tums and patience. CLF has been around for over 100 years. It will be around a lot longer and will recover. This may even go lower but in time you will see the whole industry heal. Just another cycle is simply all it is. Good luck to every one of you!