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Re: DewDiligence post# 3070

Wednesday, 10/11/2017 4:17:51 PM

Wednesday, October 11, 2017 4:17:51 PM

Post# of 8803
well they better do something substantial in 2018 otherwise this stock continues to be wall streets little bitch.

PE of 14.84--below S&P 500 average
forward PE--much more interesting-- 7.74


short interest still around 34,000,000--a dividend makes the shorts pay a good amount of that dividend.

stock has been range bound since falling below $9--stuck btwn $8-$6.50

$8.50 is line in the sand and 200 day sma is basically at $8

debt is around $1.6 billion and falling.

the dollar may have peaked, good for commodities and honestly, with all thee hurricanes, steel prices should be picking up for rebuilding. last but not least, if any of Trumps infrastructure or tax plans go through, BOOM!!

also, CLF does have a $2 billion carry forward tax loss correct?
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