AGO 0.00% 4.5¢ atlas iron limited

what the sp is going on, page-9

  1. 240 Posts.
    If people can look past the day to day action they will be rewarded! Heres a few things to think about IMO:
    1) The Chinese are going through a change in leadership. As the new party comes into power you will see more pro growth policies kick in. The last thing the Chinese want is people turning against its Govt. They will do what ever it takes to hit their GDP numbers.
    2) AGO is becoming a hotter takeover target day by day. Delays in Pt Hedland expansion plans by BHP should be seen as a positive for companies like AGO because of their port capacity.
    3) The iron ore price is going through its yearly cycle. Expect it to rally over the next 2 months as steel producers re-stock. Look at all those growth projects that have been approved since May in China...where will the iron ore come from!
    4) Any stimulus measures by Europe or US will be a positive for commodities and specially beaten down Material sector.
    5) Even if Anal..ysts are downgrading their recommendations on the stock their target price is well above the current share price.

    Dont fall into the fear people...
 
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