SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
CTG 7.210-6.6%Feb 3 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Fuzzy who wrote (5690)12/4/2019 1:36:23 PM
From: richardred1 Recommendation

Recommended By
E_K_S

  Read Replies (1) of 6545
 
RE-CLF -Nice rebound from yesterday on the initial merger news. BTW CLF is a Scion Capital/ Mike Burry stock pick. I've noticed TMST- TIMKENSTEEL CORPORATION is moving today to. IMO if this deal works out. I think it's possible a friendly deal of TMST could work out down the road?

P.S.
Cleveland-Cliffs Stock Slumped on the AK Steel News. Investors Just Might Be Wrong. -- Barrons.com
BY Dow Jones & Company, Inc.
— 8:23 AM ET 12/04/2019


7 Stocks Michael Burry ('The Big Short') Loves Michael Burry, depicted by Christian Bale in 2015's "The Big Short," and his top stock holdings.

7 Stocks Michael Burry ('The Big Short') Loves

Cleveland-Cliffs ( CLF)

After a steep fall in August, shares of this domestic iron ore miner are underperforming the market year-to-date, up only 8% as steel and iron ore prices have plummeted due to the potential for a global economic slowdown. Despite the share price weakness, Cleveland-Cliffs just announced a 20% dividend hike and a one-time special dividend of 4 cents per share. Cleveland-Cliffs shares now trade at a miniscule 5.2 forward earnings multiple. Scion holds 1.1 million shares of CLF stock worth about $11.7 million.

money.usnews.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext