Cleveland Cliffs Inc (CLF)

[Saving Grace]

The entire CME sector is being heavily shorted because banks are illiquid and value stocks are their target. Right now even X US Steel is following the same pattern as Cliffs and has no affiliation to Polymet.

There is no reason for the massive ripping off "sell off" of value stocks and the CME other than Central Banks are under water.

If real shareholders are not selling. There is no "sell off" from actual shareholders but we do continue to deal with the rip off by the Central Banks who don't even have actual shares.

Cliffs will average 400 to 500 million more yoy in actual profit with an increasing EPS come April when the HBI facility is in full operation. One analyst had their prediction at 439mm yoy. We will then see a significant rise in the dividend that the shorts are afraid of. According to Lorenco, Cliffs will be a cash machine for investors for years to come and with debt nearly gone.