Well ANR management recommends accepting the deal with CLF.

 

 

This play did not work out for me based on the last couple of months of stock market implosions.  I get 95 shares of CLF and 2,223.00 in cash out of this.  That does not make up for what I paid for my ANR shares. Down a few hundred.

 

Still I about double my holdings in CLF going forward (they now are larger and more diverse) and I guess the current calculations of profit/loss can change in the interim between today and 11/22 (the vote) either way!

 

Given this falling out in this market, it could have been worse!  To keep my CLF record of profit off every trade, I have become a long-term holder in CLF again-LOL.

 

It will be back-could be holding a worse stock going forward!

 

Kutz 

 

Kutz