/biz/ - Business & Finance

>>	CLF Chad Tue Dec 8 22:11:41 2020 No.24664475 [View] File: 232 KB, 808x2084, 20201208_195947.jpg [View same] [iqdb] [saucenao] [google] How high we going tomorrow?

Anonymous Tue Dec 8 20:01:01 2020 No.24661693 [View]
File: 232 KB, 808x2084, 20201208_195947.jpg [View same] [iqdb] [saucenao] [google]

>>24661547
>>24661581

Which do you choose between the two?

X is diversification into minimills like NUE with this Big River acquisition.. however keep in mind they could only pony up money for half up front and there were able to buy the other half with the blessing of the steel shortage going on and Iron Ore prices being through the fucking roof.

The company is not profitable yet. However something of note is CLF became profitable for the first time this quarter.

CLF generated 1.65b in revenue while sitting on a 3b mkt cap

To give you an idea how undervalued CLF is let's look at ZM

ZM
>120b mkt cap
>500m in revenue

So thats just to put that in perspective. Its the perfect storm for CLF

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