RIO 0.30% $116.46 rio tinto limited

anyone watching rio trade in london, page-7

  1. 186 Posts.
    everyone always blames those shorters when one of their favorites fall.. BNB, FMG, MQG, ABS were four that screamed very loud.. just look at the SP history of those (ex ABS of course I think it was suspended for most of it) versus the full short selling ban, and only MQG has any minor sense of justification, but even that is remote

    now RIO ehh.. hmm

    I haven’t done the calculations of daily dollar trade in Rio to work out how much money shorters would have to put down to actually have a material effect on SP, but it would have to be just massive $$$ (to say add 10% to the daily selling pressure, which is what would be required to make a difference)

    Those that want to blame others might need to find a mirror and have a long hard look
 
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