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Message: Owning Cliffs, SPQ, and KWG causes headaches

Hey Wish...

I was in a similar boat as you. I took Cliffs after my FWR run and was very happy about it. Even going through our correction of late. Some od the Technicals haven't lined up yet but I'm very bullish on Cliffs towards the late summer/ early fall.

I decided to get out of my KWG position at the end of May and averaged out at .14

took the cash and went into GNH and also averaged down on my Cliffs position.

I definitely agree that the offer Cliffs has made is on the low side and I hope for your sake you get more. I'm not sure that SPQ is in strong enough hands to prevent cliffs from stealing it.

My guess is by the time they hit .20 the house will fall.

Best of luck to you.

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