The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
13 pts

Opinion on  ClevelandCliffs Inc (CLF)     Sector: Basic Materials  >  Industry: Metal Mining
New development in the ANR deal

Jul 28, 2008 06:26 PM GMT
Return Risk
-1.75% HIGH
Sr. Associate

See my analysis on the ANR deal and why CLF is in such a good position in todays market.  but as a merger investor, why am i now adding CLF if they arent being taken over?
Because there is a new development in the deal.  it looks like the largest shareholder of CLF is now going to try and fetch a nice price for CLF and might shop around for offers of over 130 dollars per share.  see this article for more info.
http://online.wsj.com/article/SB121719872170588285.html?mod=g...


Update 07/31:

Cleveland-Cliffs Inc. reported an extremely profitable second quarter Wednesday. For the three-month period that ended June 30, the company cleared $270.2 million — more than tripling what it earned during the second quarter of last year.

It bulldozed over estimates yet took a drop today, a probable result of profit-taking after the run up of the last three days heading into earnings.

A great time to buy considering that CLF's largest shareholder is raising a stink about a planned merger with ANR and is reportedly shopping around for offers of 130 dollars per share to sell CLF


CLF:  This call was made on 07/28/08 @ $101.62
Rating:   Positive   $101.62 (07/28/08)
Closed:   05/27/2009 @ $26.44 (-73.98% in 302 days)
Target:   $130.00 (+27.93%) in Six months


Comments (2)

Add Comment

Arrow_up
Arrow_down
ozipek   N/A     1 point   commented 406 days ago reply

biber hapı - Lw6090 - altın çilek - Ozon Yağı - Red Pepper - Maurers - zayıflama - fx15 - radian - Tengda - Tengda Zayıflama Hapı - Tengda Kullanımı - Tengda Kullanıcı Yorumları - Tengda Sipariş - Tengda Hakkında - Tengda İçindekiler - Tengda Etkileri - Tengda Yan Etkileri - Maurers - Maurers Kullanımı - Maurers Kullanıcı Yorumları - Maurers Sipariş - Maurers Hakkında - Maurers Zayıflama Hapı - Maurers İçindekiler - Maurers Etkileri - Maurers Yan Etkileri - Tengda - Tengda Kullanımı - Tengda Kullanıcı Yorumları - Tengda Sipariş - Tengda İçindekiler - Tengda Etkileri - Tengda Kullanımı - Tengda Yan Etkileri - Fx15 - Fx15 Kullanımı - Fx15 Kullanıcı Yorumları - Fx15 Sipariş - Tombo - Tombo Kullanımı - Tombo Kullanıcı Yorumları - Tombo Sipariş - Kilo Aldırıcı Tombo - Salyangoz Kremi - Salyangoz Kremi Kullanımı - Salyangoz Kremi Kullanıcı Yorumları - Salyangoz Kremi Sipariş - Renuee - Renuee Kullanımı - Renuee Kullanıcı Yorumları - Renuee Sipariş - Kilo Aldırıcı Tombo - Kilo Aldırıcı Tombo Kullanımı - Kilo Aldırıcı Tombo Kullanıcı Yorumları - Kilo Aldırıcı Tombo Sipariş - Ozon Yağı - Ozon Yağı Kullanımı - Ozon Yağı Kullanıcı Yorumları - Ozon Yağı Siparis - Altın Çilek - Altın Çilek Kullanımı - Altın Çilek Kullanıcı Yorumları - Altın Çilek Sipariş - duvar kağıdı - duvar kağıdı ankara - duvar kağıdı fiyatları - duvar kağıdı modelleri - duvar kağıdı indir - duvar kağıdı fiyatları ankara - duvar kağıdı çeşitleri - duvar kağıdı nasıl yapılır - duvar kağıdı ustası ankara - duvar kağıdı markaları

Arrow_up
Arrow_down
sd   N/A     1 point   commented 165 days ago reply

Air Jordan first showed in the 1986/1987 season offering a total length air sole and extremely encouraging midsole. The Jordans online once more stood out coming from almost all from the different basketball shoes puma shoes online using a faux lizard skin about the side from the retro Jordans.The II's were retroed in 1994 in small amounts and sold very poorly, finding themselves on discount racks at Footlocker coach outlet online around the country.Designer of this model is Bruce Kilgore and Peter Moore, (both were dismissed from making any more AJ models after the II). The low-tops were very stylish, prada shoes online produced in Italy and were far from the ordinary Air Jordan shoes.


Your Comment

Who voted on this idea?
Condor
Doodahdoodoo 41% 07/28/2008



ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 21.10 +34.36% 531
2 18.14 +36.28% 286
3 17.66 +23.07% 83
4 13.47 +13.37% 69
5 12.13 +132.16% 102


POPULAR STOCKS
Symbol Company Name Sentiment

TODAY'S HEADLINES

TODAY'S TOP PICKS

 
ClevelandCliffs Inc (CLF)
   SocialPicks Sentiment:   

   This Quarter's Sentiment:
All:
93.5%
Top:
100.0%




Latest Picks by abe Loren
Symbol SP Sentiment Rating Return Since
TAM Positive -1.50% 09/20/11
DTG Positive +440.22% 07/09/09
PJB N/A Negative -16.73% 07/09/09

View All >
   




IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch