Re: POSSIBLE SET UP FOR A BUY OUT

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Re: POSSIBLE SET UP FOR A BUY OUT

in response to

Re: Now Enjoy The Ride Back Up

positive carry

posted on May 01, 2010 10:52AM

Could this be a possible set up for a buy out. IMHO, taking the SP from 76 to lets say down to 55-60 dollars and making an offer in around 100 could be CLF'S plan. Never know what goes on behind closed doors. In any event the next stop will be in and ouround 86 dollars. Fundamently the company's earnings alone is poised for a share increase. Lets see what happens in the next several weeks.