Cliffs Natural. It seems like they should change their name to Falling Off.
Everyday I look at it and see it as a screaming buy, yet everyday it just gets cheaper. It looks like the street is giving decent odds that it can't survive in today's marketplace.
Within a couple of days we should find out what the new regime in China plans to do to save their own iron-ore industry (the street is expecting a major tax cut) and then we'll know if Cliff can be cost competitive.
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