Let's Make Money - Stock to Watch - Cleveland Cliffs (CLF) - Nice Move UP!

in #stocks3 years ago

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CLF is moving up today after a drop after missing earnings.

CLF came in at $1.69 per share up $0.14 from the prior quarter. Estimates were at $2.03.

The Board authorizes a new share repurchase program where it will buy up to $1 billion worth of shares.

Insiders have been buy CLF in the last three months.

I am still long CLF but am down on it even though I am writing covered calls on it.