Replies to post #3663 on Cleveland Cliffs Inc (CLF)

[Nebuchadnezzar]

how is this stock still under $10?

its starting to really boggle the mind and its actually getting quite ridiculous

higher iron ore prices
higher steel prices
higher demand at higher steel prices
tax saving
carry forward tax savings
no bonds due immediately
insider buying
building new facilities for GROWTH
10 yr contract with major player
short interest at 12-13% of total float
forward PE of 6-7 give or take
closing poor performing mines/businesses
$50-$70 million saved on closing costs

LG must give cash back to shareholders in one form or another in 2018 otherwise this stock stays under $10 IMO