Replies to post #9137 on The Rising Influence of Rising Affluence

[DewDiligence]

No, I didn't mean it that way; however, you may have more information on which to hang your hat after the webcast in a few hours.

[Democritus_of_Abdera]

Re: CLF price action...

Once the Eastern Canadian mines are closed, CLF becomes boring (in the sense that there is no major tie to seaborne iron ore, but there is limited possibility of a dramatic growth spurt in the future).

Thus, I suspect that as the closure plays out, the short position will be reduced from the current 30-40% of the float to a more standard 10-20%.... The result will be a flatline on the stock price as the short positions are closed. (albeit, others might expect a short squeeze.. something I would like, but doubt will happen).

These are just the thoughts of an old retail investor with no inside knowledge and a poor track record.