Cleveland Cliffs Inc (CLF)

[greasemonkeyshoes]

a guessing game what is in a black box......
Why AS Steel CEO was not retained and got let go so soon??My guess is LC wanted total control with his own people and he was totally confident his team can do it alone.A bad sign.
Another way to put it,if AK Steel was so good,why was the CEO not retained and let him do the heavy lifting with proper oversight,after all he knew the company(a complicated one saying the least) the best.
Implication:
Without the ex-CEO,the head of the snake so to speak,LC can shortcut any critical decision making without sizable push back: "check and balance rule" is out of whack within AK Steel organization and remotely controlled by the HQ.Highly probable and an ominous sign.

Who is the best analyst to bet on:
Who followed AK Steel in the past,most likely telling clients to short this son of the bitch,and have spoke to the ex recently.

Again,never under estimate the shorties:always prying,never hopeful,relentlessly seeking truth,and want your money.