Take Profits on Cleveland Cliffs

Monday, June 4, 2007
By Faisal Laljee

CLF is up almost 30% since I recommended it back in April mostly on Cramerspeak and takeover speculation. At these lofty levels most of the takeover move is priced into the stock and it has some risk of going down should it not get bought out. I recommend selling at least a fourth of your position at current prices.

– Faisal Laljee
Full Disclosure: I own CLF but my position can change anytime without notice.

Tags:

Leave a Reply

Older Posts

Positions by Seo-Watcher