"....It seems to have escaped everyone's notice but the real reason for the sp fall was Huntley's recommendation. On 7 July Huntley upgraded them from a reduce to a hold and the price has gone south ever since...."
What rubbish.....Hartley's is but one of dozens of investment houses in this country, and to suggest that the fall in MCR is due to the recommendation of one broker is laughable. Shareprices of almost all nickel stocks are occuring....has Huntley's changed their recommendations lately on all of them as well??
I'm no Einstein, but I would suggest that the increase in the LME nickel inventory and the subsequent significant drop in the spot price of nickel would have far more to do with it than anything else.
I've yet to read anything on this website to match that display of a complete lack of intelligence.....I very much doubt I ever will.
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