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Actionable news in CLF: CLIFFS NATURAL RESOURCES Inc,

Cliffs Natural Resources - Shares Are Overbought

Cliffs shares continue their rally and are up more than 300% this year.

I discuss the upcoming share offering as well as the situation in the iron ore market.

Those willing to take some money of the table should be prepared to pull the trigger.

Shares of Cliffs Natural Resources (NYSE: CLF) continue to rally, and this development has some serious implications, both for the business and for investors. Let's discuss them one by one.

First of all, I'd like to remind you that the company filed an S-1 form back in June where it announced its plans to raise up to $300 million in share offering. In an article dedicated to this...


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