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Cliffs Natural Resources Inc. Message Board

  • berhanuyure berhanuyure Feb 19, 2013 7:28 PM Flag

    Afterhours Activity

    Big moneys loaded cheap after hours (look at NASDAQ) - 1) to secure tomorrow's dividend no matter how low it is, 2) they will pump the price of share up to at least where it was a week ago. Then they will hedge it in case the market corrects. Poor retailers and weak hands are outed today by margin calls. Now onwards the game is theirs. We will see next few days/weeks. Even if the market corrects, I don't think CLF will go down much since it has already taken a disaster beat and snailing on 52 week low. GL

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