Replies to post #4313 on Cleveland Cliffs Inc (CLF)

[dndodd]

It doesn't seem like CLF has been rewarded with the uptrend in Iron Ore prices? Do the have long term contractual prices they are stuck with?

The shorts must be betting on economic weakness to reverse the trend in Iron ore prices.

[sts66]

Looks like those share buybacks aren't doing anything to deter the shorts - short interest is up 7.1M shrs (+11%) compared to the prior period.