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Cliffs Natural Resources Inc. Message Board

  • knowmaas knowmaas Feb 20, 2013 2:46 PM Flag

    Does anyone own any shares below the current trading price?????

    I mean it's been years since this has seen these prices. Unless people are long from 5 years ago. Who in their right mond would even consider selling unless it's for a loss. Don't get it. I bought in today at 28.25 but my god. It was 37 bucks a week ago. Way oversold and too many panicking investors. My guess there is a huge upswing in the short positions and the shorts are pounding it down more. Any signs of a move upward should finally get the shorts out.

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