Cleveland Cliffs Inc (CLF)

[Nebuchadnezzar]

find me a company where the CEO directly bought shares open market that went bankrupt within 2-3 years? Last time I saw a CEO buy stock directly it was huge for the stock, completely different company than CLF's but it was same dire position when everyone said sell sell sell. that stock ended up running from $4 to over $60.

also note that the recent article by some idiot analyst didn't even know that Cliffs already had cut their dividend.

Shorts control this stock--plain and simple. best way to beat shorts is to BUY and HOLD.

CLIFFS is trading at $5 level with 45% shares already SHORT in one of the worst environments for steel and iron ore over 6 years. They cut their dividend, CEO and other insiders are BUYING stock not selling stock, debt is being paid down and the company has not even been laying off employees to save money because this is cyclical and the trend will reverse.

buying here--kiss my A$$