Seeking Alpha
  • Albert Alfonso
    $CLF just cut its dividend 75%!
    2/12/13
    Reply (7)
    • Albert Alfonso: how classy. after cutting the div, they announce a seconday. I should have shorted this one. now down 5%
      2/12/13
    • Albert Alfonso: http://bit.ly/XHHGJm
      2/12/13
    • Albert Alfonso: now down 7.25%. When I first read about the divvy cut, it was only down 1.5%. Missed a 6% move :(
      2/12/13
    • Ocean Man: Now it's down 10%. I guess that answers the question of whether a dividend cut was priced in.
      2/12/13
    • Ocean Man: I was a few months early in predicting that: http://seekingalpha.com/s/8ndlv
      2/12/13
    • Ocean Man: And I made over 500% on those puts anyway LOL: http://seekingalpha.com/s/8oi79
      2/12/13
    • Ocean Man: Now it's down 20%....
      2/13/13