Monday, December 8, 2014

Out of $CTIX and Into $CLF

Today, I went ahead and took gains in $CTIX and rolled them into a new position of $CLF.  In my view, the short term gain in CTIX was too good to pass up, and I cashed in a nice 30% gain.  I believe Cliffs is undervalued here, and my price target in the next few weeks is $9 per share.  Please note, this is only my opinion and not investment advice.

Disclosure, I am long CLF.

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