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Cliffs Natural Resources Inc. Message Board

  • ardms ardms Mar 19, 2013 11:52 PM Flag

    Hard To Believe!

    The drop has been stunning; almost surreal. I've followed Cliffs and fortunately only played tiny stakes that I actually made a few pesos on, but I got disgusted when they slashed the divi and did the secondary. To dilute shareholders in the twenties says management couldn't see the downturn coming. They had to just be plain old late to the survive to one day thrive game. Even so, I still just find the recent drop following the announcement a stunner. First up day might be a buy a tiny spec on the bounce theory again. This thing is so oversold its in the dictionary.

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