BEAR run here not over yet for MCR imho.
MCR has so far ignored the NP jump of 50% and the BULL SEASON to Feb.
MCR diluted the LTHS even more and more capex blowouts that were not expected hence the new CR.
4 BIG red flags there.
EL your bullish sentiment has been proven wrong by the market and my bearish sentiment has been SPOT ON again.
Yes I am bitten & disgruntled from prior MCR losses but that gives me real objectivity on here now not deluded exuberance or fantasies peddled to the unknowing masses on here.
I am bearish & this further unexpected dilution for cash to get AF into a BHP lapdog doesnt make sense to me at all. It reeks of desperation & provocation.
I saw in AGO ANL AHZ POS how the AF effect was illusory.
FMG the exact opposite as he wasnt flipping or selling that stock at 25% margins at 4c or 8c like in AGO or POS.
Money talks & BS walks.
Wheres Peter Salter to give him one now?
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