Cliffs Natural Resources Inc. Message Board
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Cliffs CEO Sells 59,349 Shares @ Over 4 Million Dollars CEO (Joseph Carrabba)
Feb 21, 2012 CARRABBA JOSEPH AOfficer 59,349 Direct Disposition (Non Open Market) at $71.89 per share. 4,266,599
There is many more insider sales besides the two I posted by Cliffs CFO Laurie Brlas and now Cliffs CEO Joseph Carrabba.-
Another insider sale.
Feb 29, 2012 PARADIE TERRANCE M
Officer 3,700 Direct Sale at $64.02 per share. -
This creep should be locked up.
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we need a new ceo
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You should get out of CLF and buy cd's. You obviously don't have the stomach to own a stock with a 2.5 beta. Run away.
- 1 Reply to rebeldoe
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China controls Cliffs.When China slows Cliffs follows.China is slowing.Cliffs is following that trend.
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You're retarded. He bought over 100,000 shares the same day.
- 1 Reply to spoonjockey
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Know what you are talking about.He didn't BUY ANY SHARES. The shares he acquired were NON OPEN MARKET as part of his compensation package.
He wouldn't have sold this big amount of shares 59,349 of them at the price he did if he thought Cliffs was going higher would he? This CEO sold over 4 million dollars worth of his companies stock and that has many share holders wary and it should.
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