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Cliffs Natural Resources Inc. (CLF)


NYSE - NYSE Delayed Price. Currency in USD
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6.48-0.01 (-0.15%)
At close: 4:00PM EDT
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  • Keep shorting this stock . I am waiting just waiting Have a good evening
  • US economy is expanding and there is already $200B Infrastructure spending to be granted by the Congress. Also Saudis are going to be pumping some $350B in New weapons purchases and $50B plus
    in Infrastructure here in US. Also tariffs on asian steel imports and all this Infrastructure spending will
    help keep Steel factories going. CLF 's 19 plus Mil Iron Ore from their US IO Operations in 2017 is
    already SOLD OUT and only APIO operations depend on Seaborne iron Ore price. World Infrastructure
    spending is rising which will likely keep the SB Iron Ore price in $60-$80/MT range.

    Also CLF had reduced debt drastically and will be under $1B by the end of 2017 saving millions in interest cost. They have now state- of the- art Mustang pellets going in operation that will be used by NUCOR in their Trinidad Steel Plant and they are getting ready to make DRI pallets. All this bodes well for CLF and its SP which should see $15 and earnings of $1.30 in 2017 . Now is the best time to buy it and if CLF sells APIO operations for some $200 plus mil they can forever say goodbye to SB Iron Ore pricing affecting their SP. So Shorts should wise up and STOP bashing CLF. This company will NOT depend on Chinese PMI numbers or Seaborne IO price much longer.

    Also CLF had reduced debt drastically and will be under $1B by the end of 2017 saving millions in interest cost. They have now state- of the- art Mustang pellets going in operation that will be used by NUCOR in their Trinidad Steel Plant and they are getting ready to make DRI pallets. All this bodes well for CLF and its SP which should see $15 and earnings of $1.30 in 2017 . Now is the best time to buy it and if CLF sells APIO operations for some $200 plus mil they can forever say goodbye to SB Iron Ore pricing affecting their SP. So wise up and STOP bashing CLF. This company will NOT depend on Chinese PMI numbers anymore.
  • Looks like IO is up 4.09% in China
  • CLF trading in VERY TIGHT range lately. I have been accumulating...have you?
  • I just bought 15000 we going up to 7
    2 time broke the resistant of 6:50
  • Its too bad nobody likes Investors Village. They don't allow the idiots to do the things they do here, and you get good discussions. But it simply doesn't have any traffic. I reckon its too easy to use yahoo as it does more than just talk stocks.
  • From Motley "Tyler Crowe (Cliffs Natural Resources): I can empathize with anyone who has no interest in touching shares of Cliffs Natural Resources ever again. Five years ago, the company swung for the fences by acquiring iron ore and chromite mines in Canada. Unfortunately, those acquisitions ended up being a costly fly ball as commodity prices declined and those facilities no longer were economical. What made those acquisitions worse was the monumental debt load management added to make the purchase. This left Cliffs in a financial bind that looked like the company was going under.

    Today, the story is much different. Executives who made that blunder of an acquisition are gone, and current CEO Laurenco Goncalves has sold off those assets, focused operations around its iron ore mines in the U.S. and Australia, and trimmed Cliffs net debt load to a manageable $1.35 billion. These actions have turned a company from one hemorrhaging money each quarter into a leaner business that is generating more than enough cash flow to cover spending and further reduce debt.

    Even though Cliff's business has changed dramatically over the past few years, the market still has this stock priced like it's still that highly indebted iron ore producer on the verge of collapse. This suggests that there is a lot of opportunity in this stock today. Cliffs will always be a one-trick pony that will wax and wane with the price of iron ore, but it is much better positioned to handle those market swings and has immense potential should we see even a modest uptick in iron ore prices"
  • Someone has hacked my yahoo account. They are responsible for that post "supposedly" from me (Summit). Rest assured I would never write anything like that. I think that the posters on this blog, with the exception of the Chubby, Torky and Yahooreader, are excellent. Clearly my positive AND fact based messages about CLF are hitting home. This company is going to continue to execute and the SP is going to continue to rise.
  • $6.-6.50 is loading zone
  • Predictions for SP high Monday following all the Trump/Saudi positive news this weekend? 👍🏿if you think +7!
  • This is the first time I've seen this name sell off and rally hard off the lows in a couple months intraday. Very good sign.
  • The question has been raised regarding US defense contractors use of American produced steel. I believe this will provide some clarity....

    http://www.nwitimes.com/business/steel/visclosky-restores-buy-american-steel-rule-for-military/article_e631ce35-2fdf-59dd-a362-5b5abf421438.amp.html

    Visclosky restores 'buy American steel' rule for military | Steel | nwitimes.com
    www.nwitimes.com
  • To my fellow readers of this board. I wish not to sway off topic. I believe in posting only facts and info the may help all, but everyone needs to google SETH RICH murder. Seth was insider and leaker of DNC/ Hilary emails not Russia and there is major effort the distract this info from us. I care less about my investment in CLF and more about the arrogance of the Media and Politicians believing how stupid the American people are. Again the whole Russian thing is a scam ! The more people realize this and take action the faster we can get back to making money. God help the USA
  • All we have to do is hold tight. Dont sell them a single share! A little weakness after a good rally was expected. Holding up relatively well. Market realizing that mainstream media and congress = hot air and fake news
  • Just muted the bogus jpcagtw
  • Shorts are coming and taking down the SP. Don't get it!!
  • Saw somewhere that someone or something is going to start using steel in their asphalt for roads. Seems to repair and hold better.
  • Good morning i just checked my bloomberg rating on clf and oh my god axiom placed them on the sell list again . This guy updates his sell rating every week
  • 2nd quarter will generate a great report. Trump will return from overseas and utter the word infrastructure.
  • Shorts are nervous with a sell order in Pre MKT at $6.55 2500 shares trying to keep bid down