Cleveland Cliffs Inc (CLF)

[Nebuchadnezzar]

for starters, CLF made an awful head and shoulders pattern and as of today a possible bottom was put in at $5.60..the jury is still out though.
Iron ore prices have been falling all year and are stuck in $60 range.
Wall street ties CLF heavily to Asian Iron ore
high debt--which is still being reduced
dilution to share count since 2015.
there are better places to put new $ right now
no dividend
but.... things should be much better in 2018 for CLF stock but not overall market unless major tax reform and infrastructure spending bill. no tax plan and market goes back under 20K, as for CLF, I am buying under $7