Replies to post #2249 on Cleveland Cliffs Inc (CLF)

[10nisman]

We are in the 4th quarter so what difference does it make??? They said it would be 500million annual estimate last quarter!!!!!! NOW IT'S UP OVER 1.5 BILLION SINCE LAST QUARTERS ESTIMATES. THATS ONE AND A HALF BILLION MORE SINCE LAST QUARTERS PROJECTIONS!

The current revenue expectation for Q4 2016 is not $2 billion but approximately $600 million. CLF has generated over $2 billion in annual revenue for the last decade and they'll do the same this year. Take a look at the CLF's SEC filings please. Also, analysts are projecting full year 2016 sales to be slightly above $2 billion.

10nis