Replies to post #3682 on Cleveland Cliffs Inc (CLF)

[DewDiligence]

Another great CC (eom).

[sts66]

Zerobid just posted in a SA article comments section he just minted a pile of money himself - big cahones to make such a huge bet ($60k):

zerobid
Comments (929) |+ Follow
Holy Cow, just sold all my 8.5 calls for 3 day 7 bagger(400K).

[Nebuchadnezzar]

and like I said, buyback by 2020, now looks like better things earlier.

$20 stock next year.

$50 stock in 3-5 years.

debt will go way down

bonds will be paid off

interest expenses will go down

shorts are in big trouble here

note the volume

[Saving Grace]

No doubt, And to think 5 years ago I thought Drapkin was going to liquidate Cliffs and instead Lorenco Gonclaves pulled off the impossible. What a great leader.

[DewDiligence]

CLF 2Q18 CC transcript:

https://finance.yahoo.com/news/edited-transcript-clf-earnings-conference-231835134.html

[DewDiligence]

The 2Q18 10-Q has been filed:

https://www.sec.gov/Archives/edgar/data/764065/000076406518000126/clf-201863010xq.htm

[DewDiligence]

Post from 3 months ago is worth repeating (#msg-142336404):

CLF has become a “money-print machine,” says Lourenco Goncalves on today’s CC.