setting up lines for the sugar bush. quite refreshing as i had the opportunity to multi task, putting the lines out and thinking about not.
a poster mentioned something about not, that happened to fwr and spq in that cliffs came out with what shareholders thought was an outrageous lowball offer for both companies.
cliffs of course had another story as they said the offers were more than generous considering both companies' share price over the last several months.
so my nagging unhappy thought was that clf will come out shortly with a 'superior' offer of 50% higher than the present share price, saying to the world that it's a wonderful offer and quite high considering the past 2 months.
now all of us longs know this would be a load of clogged lines but many others, cliffs' shareholders and recent new subscribers, would think this represented a tremendously fair offer.
inspite of all the terrific stuff ingrid and others are coming up with, what will it take for the management of not to understand the potential out there to be bought out at $1.40!!!!???
what will awaken them?
still long and somewhat worried as the share price lags at a constant low price for far too long