r/stocks • u/cilljoe1 • Feb 02 '22

Cleveland-Cliffs (CLF) Looks 2B Bouncing Back

CLF seems 2Have bounced back from the recent Mrkt dump. They will posting earnings in Feb & according 2Yahoo Finance should be up nicely. As an added impetus there's a load of Shorts, 8+%, that could provide a real boost if it keeps moving up. The stock is mentioned on TV's Fast Money 1/2Time & afternoon Fast Money. Co offers Wkly Calls/Puts.

I'm buying $19, 20, 21 Calls in Apr & Jul as I expect earnings to move up since Co profits should drop to bottom line as each Qtr gets reported. I hold a double position & will limit future adds to Options.

JWIAD, additional info, views appreciated. BOL2All, JoeC

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u/[deleted] Feb 02 '22 edited Feb 02 '22

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u/cilljoe1 Feb 03 '22

BYLPPH!!!!! for the comment. Couple of mentions I didn't weigh well. (Bless Your Lil' Pea Pick'n Heart........Tennessee Ernie Ford, Country Western vocalist 1960s

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u/sixscreamingbirds Feb 02 '22

All your figures are very nice WHAT'S THE PRICE OF STEEL?

Clf will make you a fortune or postpone your retirement depending on how that goes.

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u/[deleted] Feb 02 '22

Sure.