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Message: How Low Could Cliffs Natural Resources Shares Fall?
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seekingalpha.com
By: Vladimir Zernov
Oct. 7, 2014

Summary

  • Cliffs Natural Resources shares are down more than 40% since my first bearish article on Cliffs was published.
  • Analysts continue to slash their price targets on the company's shares.
  • BHP Billiton outlines its plans to increase its Western Australia iron ore production by 30%.

Cliffs Natural Resources (NYSE: CLF) shares are down more than 40% since my bearish article titled "Cliffs Natural Resources: The Sell-Off Begins" was published on September, 5. This is a huge move, and it's time to evaluate whether the drop in the company's valuation changes my thesis...

Full article: How Low Could Cliffs Natural Resources Shares Fall?

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