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Cliffs Natural Resources Inc. Message Board

  • hookemup07 hookemup07 Apr 4, 2013 10:06 AM Flag

    Question on Insider Trading (My Bad!!!!!)

    Earlier I posted a question in which I stated company insiders acquired 316 K shares of the company on 04-01-13. Actually the amount acquired was 317 shares. Should have looked closer and I apologize for the misinformation!
    At least this clarifies that they actually did (for what its worth) make the purchase with their own funds.

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    • I just read your other post before this one and had great doubts in that number so thanks, I recently turned bullish on this stock from bearish for 2 yrs.
      this would seem to be an open purchase to make a small statement to investors, very small that isn't but about $6000 each a small pittance of what they get paid to drink lattees and make bad decisions. This may be positive to some but is an insult to me as an investor that they would think that small of an amount would be significant to me or anyone interested in buying this stock. It may change me to neutral from bullish as they still are stupid.

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