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Message: Re: A shake out?
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Dec 21, 2010 09:52AM
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Dec 21, 2010 10:00AM
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Dec 21, 2010 10:01AM
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Dec 21, 2010 10:04AM
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rav
Dec 21, 2010 10:09AM
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Dec 21, 2010 10:09AM
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Dec 21, 2010 10:14AM
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Dec 21, 2010 10:22AM
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Dec 21, 2010 10:27AM
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Dec 21, 2010 10:43AM

Look,I am in for the long term and have my position full . I do not play these games that are going on. You made some good points in your earlier post about the potential for Probe and if I did not believe in this ,I would not be here. One only has to read the tape over the past 6 weeks or so to see what is going on here. I was not pleased ( as many others) with the takeout price on FWR and SPQ and I sense that an offer from Cliffs could be imminent . The MM's ,by bringing the SP down,bring the average down and,as you well know,a buyer can justify his bid on a premium over the average 15,20,or 30 day sp. I do not think we want to see the sp pushed down at a time when a buyout could be coming.

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Dec 21, 2010 11:27AM
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Dec 21, 2010 11:28AM
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Dec 21, 2010 12:21PM
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