RE: what will Cliffs Pay? A numbers game going on.Reading between the lines...
Here it is only the 5th of June...but we already have an nominee for "Employee of the Month."
In a recent post today I mentioned that often the "price" is known before the variable
numbers are "crunched". This post, "Will Cliff Pay?" is a good example of that theory.
It does not matter what the number of share are, nor what's in the ground, or any other
pertinent information, Cliffs knows what they want to pay and someone just let the cat
out of the bag by telling us what it is. And...the Nominee is: ....For, his beautiful composed
attempt to convincing (or at least try to convince) the SPQ and KWG stockholders that their
"fair value" share price is about 25 and 13 cents respectively. Or, to merge so they shall not
be hung out to dry. Is this just the sharing of his thoughts or spewing the "party line" to
get more shareholders to Sell...sell...sell? Right now. For peanuts. For who's retirement
fund?
And the Loser is...???
westernkid