Yep, it was moving faster than I have ever seen. I got in at $24.1. I put in a order when it was at low $23's. Wow what a move. I think I will hold onto these shares for a while. It was tempting to sell at $32 an hour ago.
If there are no bids, this company will declare BK within a year if iron ore prices don't recover. The debt will consume this company. . Of course, executives will reissue shares with them receiving millions of the new shares.
This Bloom lake sale is a very big deal.