Virtually all major steel companies ran up from June to Jan and they have also given back in a similar fashion in the last 2 weeks. It is based on the US market and overall adjustment to the unknown effects of US policy towards banks and industry. FWR has little to do with it and I doubt most US shareholders know or care about an Indian blockade of a resource that won't be mined for 4 more years. Newby Cliffs owners should be happy that you can margin Cliffs shares and use your "found" money to invest in the next big thing while still holding a stable old economy brute that will rebound in a couple of months. Sometimes money needs to learn patience!

If you bought FWR at .25 and Cliffs hits 52usd you've made a 45% ROI on your original investment! Not bad!