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DewDiligence

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Re: xrymd post# 4540

Friday, 05/25/2012 4:29:15 PM

Friday, May 25, 2012 4:29:15 PM

Post# of 30493
CLF has had a few small and medium insider buys in the past few weeks…

• Kelly Tompkins (EVP) bought $272K cumulative worth of stock at $62/sh on 5/1/12 and at $57/sh on 5/10/12:
http://www.sec.gov/Archives/edgar/data/764065/000120919112025499/xslF345X03/doc4.xml
http://www.sec.gov/Archives/edgar/data/764065/000120919112027614/xslF345X03/doc4.xml

• Andres Gluski (director) bought $72K worth of stock at $53/sh 5/11/12:
http://www.sec.gov/Archives/edgar/data/764065/000120919112028396/xslF345X03/doc4.xml

• James Michaud (SVP) bought $25K worth of stock at $49/sh on 5/21/12:
http://www.sec.gov/Archives/edgar/data/764065/000120919112029798/xslF345X03/doc4.xml

These transactions aren’t bug enough to really impress me, but they do show that multiple insiders thought the share price was undervalued.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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