Comments on Fund My Mutual Fund: High Drama at the Cleveland Cliffs (CLF) Corral

damn you lazy Generation Y kids. Can't even type ...

2008-07-18T13:08:00.000-04:00

damn you lazy Generation Y kids. Can't even type 6 characters anymore. It has to be condensed to 4

Actually SKF returned >100% in this last selloff whereas the best you could do shorting a stock is 100%. So I guess it makes sense. I just thought these sophisticated machines would have straddles, strangles, and whatever else sophisticated traders such as yourself do. I was surprised that they are using simple things like me ;)

i would guess they used SKF only because its ULTRA...

2008-07-18T12:59:00.000-04:00

i would guess they used SKF only because its ULTRAshort, 2x inverse. tinyurl is soooo last week haha

even shorter:

http://is.gd/Xao

wowinteresting to see they used an ETF instead of ...

2008-07-18T10:42:00.000-04:00

wow

interesting to see they used an ETF instead of shorting individual financials

do you have a link please? thanks (you can post with tinyurl)

CLF out with a response this morning say we want ANR :)

yea, keep in mind these are holdings as of march 3...

2008-07-18T10:40:00.000-04:00

yea, keep in mind these are holdings as of march 31st so its a very lagging indicator here since the new filings will come out in the next month.

but it looks like Calpine was their top holding followed by FCX, AKS, CLF, Leap wireless, NYT, and SKF ultrashort financials. they've got a few more but just from scanning those are the largest positions. big on metals

j.,do you know their top holdings as of last filin...

2008-07-18T09:22:00.000-04:00

j.,

do you know their top holdings as of last filing? You seem to be the man who squirrels out all that stuff.

Mark, thanks for digging this up. I was also very...

2008-07-18T00:02:00.000-04:00

Mark, thanks for digging this up. I was also very curious what was going on and scratching my head. Thanks again for the great research.

maybe harbinger makes their money shorting ANR on ...

2008-07-17T20:20:00.000-04:00

maybe harbinger makes their money shorting ANR on this inside news they know

or perhaps they only own CLF??

ah-ha there we have it.will be interesting to watc...

2008-07-17T19:54:00.000-04:00

ah-ha there we have it.

will be interesting to watch it play out. by the way i just saw some #s on a few hedge funds middle of the yr #s and harbinger is up 42.8% ytd as of june. sooo maybe they do know what they're doing after all.

I am also surprised that someone (Harbinger Capita...

2008-07-17T19:34:00.000-04:00

I am also surprised that someone (Harbinger Capital in this case) would oppose CLF's proposal since it is considered bad for CLF. I believe, like you, TraderMark, that ANR will be much more valuable and costly by this time next year (or even year's end). I would have expected someone on ANR's side to object due to low valuation or some other company (MTL or anyone) to actually enter into a bidding war for ANR. If I had enough money... but I think that this allows me (and others) to get back into ANR at a decent price...