StockKid
Long

5 MILLION SHARES, BUYOUT / GOING PRIVATE. VALUE PLAY, STRONG BUY

NYSE:CLF   CLEVELAND CLIFFS INC
We have been in and out of Cliffs for a while.

Recently, the stock again popped up on our scanner.

Cliffs is the oldest iron ore company founded in 1847

We did hear a rumor of a possible buyout / merger and even the potential for the company to go Private. If either of these rumors pan out, we think the stock is worth at minimum, $20 all day long!

Currently the stock is trading at an extreme discount to the industry. In fact, J.P. Morgan just raised the price target to $17.00 due to the high demand for Cliffs Iron Ore.

The stock should be trading around $15.00 right now and upwards of $18 to $20 after the next earnings report.

At current levels, Cliffs is a GIFT!

We are currently only holding CLIFFS and 4 other positions. Everything else we've posted and sold has produced us great returns.

Our track record within TradingView speaks loud and clear!

Position: 5 Million Shares

Average Cost: $9.75

LONG
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