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Cliffs Natural Resources Inc. Message Board

  • darrellkwerth darrellkwerth Mar 14, 2013 6:19 PM Flag

    NEWS RELEASE ....ACCOUNTING PROBLEMS !!!!!!!!!?

    Expect that in the am.... You never know. the people who are unloading do...

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    • quit posting nonsense....you think investors would give them a billion dollars just 3 weeks ago if the accounting wasn't up to snuff. Bankers are more thorough now more than ever, wall st has crushed this co down...it will btm at some pt, could be today..21.35...last may they raised another billion and issued stock at 83.50....so todays buy is a steal for long term holders...cash costs are 65 per ton for IO...still profitable selling over 100..met pricing has also move up a bit...co is cheap by every metric..

 
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