Cleveland Cliffs Inc (CLF)

[Nebuchadnezzar]

my gut tells me CEO bought stock as well as other insiders because a stock buyback, even if minimal will take place within the year. This seems to be one way they can combat some short positions. They announced a possible buyback, but paid off debt instead. Intuition says they let shorts beat the stock up and then they buy up $10million worth or so, nothing huge but a little here and there while stock stays under $10 or under $7 or $6 for that matter.

$5.54 printed today--hmmm--need to take another stab here at this