Cleveland Cliffs Inc (CLF)

[Saving Grace]

Highly unlikely is more probable. According to the call, there is no issues to even worry about with Cliffs.

The new DR segment and additional revenue streams is overwhelming. Cliffs is poised to be the turn around stock of a life time with or without any coal deal or any pension plan harboring operations.

Plain and simple, shorts lost on this one and they know it as coverage has significantly increased as the short interest reflects.

Cliffs is heading back to where it belongs, a $50 stock. Give Gonclaves 2 years and it's absolute. Cassablanca buy in position was in the mid to upper 20's. before the proxy they ran to elect the CEO who has over a million of his own skin in at around $5.45 or better.

Gonclaves is doing what he was elected to do and is doing an excellent job at that bringing back significant value to Cliffs and Cassa still wants to double up the way I see it as they never left.

Smart money buys Cliffs.