If 11 member Board, we need one more to carry out CASA agenda of restructuring the company. or is it going to be a 9 member Board?
I am here. about time.. Wow!! divine do you know any news about the Board election? its about time we al Longs get vindicated.. I bought some more early morning around $16 .40. Volume so far is over 7 mil...very heavy. Shorts bettter cover. Celebrate tonite.. divine!!
Sentiment: Strong Buy
You must be new here. It is just NOT the IO commodity price but the whole management. How they have managed this company to drive down the price 85%. CASA will restructure the company and make money with even lower IO prices.
After reporting losses for 2 QTRs in a row. Kirsch did this at a last minute on the eve of the meeting to save himself and his cronies to be reelected to the Board. How much more #$%$ can you get? But he will lose and CASA will take the control of the Board. I am Ok with dividend but just NOT the way he did it.
Even if CLF wins the Board, there will be 4 CASA members on it.. and so it may still be very interesting. But I am hoping CASA wins.
I also enjoyed conversations with most of you here and wish every one a good luck and hope we see a new chapter in the life of Cliffs. Even if we remove just Kirsch it would be a major accomplishment. I think we have seen the LOWS for CLF. Good luck all the LONGS !! Tomorrow will be very interesting one way or another.
How many upgrades you see solar? more than one? you have a delusion of grandeur.
Its possible, but all indications are that CASA likely to win as they have a turnaround plan. Even if CASA does not win, CLF has conceded that they will still get 4 seats on the Board regardless.
long..don't waste your time om dirty and solar. They both are idiots. I am all for CASA to sell all INT assets except the Ring of Fire and pay down the debt and make US operations efficient and better. That is what WS is expecting and if CASA DOES win as expected to morrow, this stock will move up fast as it has been destroyed so badly by Kirsch and his
people. We need lean and mean CLF and not dependent on Seaborne IO pricing
This stock is all over today as expected with a tug of war between CLF( shorts) and CASA (longs) forces until the resolution of the Board makeup probably on 7/30 when we know the outcome.
you idiot.. its almost @ $17. Macquarie is NOT saying anything new. When CASA takes over tomorrow, the stock will be at $20 soon.