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Wednesday, May 1, 2013

United States Steel (NYSE:X) and Cliff Natural Resources (NYSE:CLF)

I am currently very bullish on the steel sector in general. I do believe that iron ore spot prices could stay or hover around the 130 mark. Providing a very bullish scenario for Cliff. I started buying cliff as soon Although the steel sector is tough to be in, I still believe that united States Steel is severely undervalued, and would be hard to ever get these cheap prices again.

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