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Re: ebase22 post# 6435

Friday, 09/09/2011 8:35:40 AM

Friday, September 09, 2011 8:35:40 AM

Post# of 7895
It's been there before.

I wouldn't read to much into it. The earnings report will be what it will be. My guess is that it will be decent though. I base that guess on three factors:

- The company gave positive guidance in its last report.

- The iron mining industry is still booming and miners are increasing capex.

- The company announced the board resignations before the earnings release. If the earnings are going to be bad, you'd figure they'd announce the resignations afterwords, so the board members could share the blame, and the company could make a show of changing course by getting rid of them.

Just a guess though.

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