No. of Recommendations: 0
I wonder why the community is silent on this one.

Cliffs is not widely followed at TMF, as evidenced by the mere 60 posts in the last 12 years. I've been in and out a couple of times in the last 10 years, and currently hold at a loss, too. My first impression to the recent drop was to hold, reinvest the dividend, and wait for the industry to cycle back into favor. I'm not so sure I'll follow that strategy, though, since there are other, better opportunities out there right now. The dividend cut and the fact that the expected "bottom" keeps dropping further, is not reassuring. Management is not inspiring a lot of confidence right now, either.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.