After the tender is complete the insiders will be buying shares again!
That equates to 30% of CLF's current market cap.
This stock is soooo inexpensive........... $4.16 ????
The CEO is acquiring and additional 1 million shares........
He liked it at 16, 15, 6.50 why not under 3.............
Why announce or make public material information for your competitors to hear and adjust to. All energy, miners, etc. are in the same bat
I have been following FCX since they bought out my Phelps shares. Upper management know what they are doing.
Because all options are on the table! One option is that someone like Exxon might buy them!
Think positive. The stock is dirt cheap!
Folks this is very simple. All you need to know is that the insiders were buying the stock at $5.00 plus.
None of you have a better understanding of what's going on at Cliffs than the people who are running the
company. The stock is going to triple in 1-2 years. These people are not going to throw there good money
after bad. Its the irrational traders who have driven the stock down to the unreal prices. Its that simple!
When FB IPO'd CNBC said it would run to $82.00 in a few days after the IPO. That as years ago.
FB today is worth 2X that mount!
Always do the opposite of what everyone else does. Especially those idiot analysts.
I Thank you for your Congratulations!
$20 bucks in three years......