CLF Selling 35.2% Below CEO's Recent Buy Price

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on May 26, Cliffs Natural Resources, Inc.'s CEO, Lourenco Goncalves, invested $549,381.03 into 108,148 shares of CLF, for a cost per share of $5.08..