MCC 0.00% $16.01 macarthur coal limited

sp fall could be shorters at work, page-8

  1. 251 Posts.
    Well, It looks like resumption of the trend.. Shorters would have to be considering covering or covered, and that may the reason for today volume and spike.

    What are people thoughts on this?

    I would like to see $16, for no other reason than it seems like a good number and a good time to lock in some profit.. Of course the SP taking out it all time high of 20 odd dollars would be nice too, but i suspect we would need some big jumps in commodoties prices to achieve that. We will see. Good luck and and lets see who can hold their nerve longest for the best gain..

    Does anyone know when the Big boys Rio and BHP lock in their supply agreements
 
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