Replies to post #148331 on Biotech Values

[Rocky3]

[OT]—CLF up 13% on China stimulus: #msg-79323462. Rest of mining sector is doing well today too.

p.s. Even after today’s move, CLF is yielding more than 6%.

CLF - ended even higher, but only back to where it was a couple weeks ago. It has had a very bad year, see http://finance.yahoo.com/echarts?s=CLF+Interactive#symbol=clf;range=ytd;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

BTW, it has weekly options for those us interested in selling volatility - but warning: it has a lot of volatility, unlike MNTA. At these prices, selling puts on CLF is still pretty attractive. JMO.

[haysaw]

OT-Not a bad gain; nevermind that it crossed this level 15 days ago (on the way down). Oh yeah, and that dividend:


Cliffs Natural Resources: Cheapest Way To Play Iron Ore Recovery, But 7% Dividend Yield Not Sustainable

http://seekingalpha.com/article/851781-cliffs-natural-resources-cheapest-way-to-play-iron-ore-recovery-but-7-dividend-yield-not-sustainable?source=yahoo