Good points and good question.

I just got back into Molycorp(MCP) where i used to play with it around the $50.00-$60.00 mark,made enough for a working stiff like me at the time,chickened out,and got out just in the nick of time before it started it`s free fall,like Cliffs.I bought back in last week at $1.18.

Check the past charts.MCP stock too was a $100.00,now it`s a penny stock.Can the same thing happen to Cliffs ?

Man,it`s got to make you wonder what those $100.00 a share people are thinking.Put away the gun boys and girls and back away from the ledge lol

But you`re not the only one wondering just how low Cliffs will go and if/when is the "right" time.Will the crooks on Wall Street really let Cliffs go belly up or just how low will they sink it before they start to steal it ?

I`m not biting yet,not after watching MCP.But i`m watching.