All the trades on CLF the last few days. Moving at a snail pace now. Thank God this is done. I had a dream last night and saw a headline of CLF being bought out at 42 a share. Kid you not. Would love to see it. I,m not a pumper by any means but this company is ripe for the picking. Diluted shares to get a Billion bucks knocked off their debt and stock piles of inventory. Demand for Iron Ore will be good this summer. Big guy's could come in and control the Market. Wouldn't want to be short right here. Upside has a much better chance than the downside here.
This is exactly when companies get bought out dip shi%^$%$. Use your brain. See it happen all the time. They did this offering only to make the books better. Some companies just use it to stay in business. Housing went thru it's cycle and recovered. Oil goes in cycles. Iron and materials go into cycles. I see a huge upside here in CLF.